DJ Nokia Corp. ADR Falls Thursday, Still Outperforms Market
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The Nokia Corp. ADR $(NOK)$ slid 1.43% to $4.83 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.78% to 18,544.42 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
This was the ADR's second consecutive day of losses.
Nokia Corp. ADR closed 4.55% below its 52-week high of $5.06, which the company achieved on February 14th.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as BlackBerry Ltd. $(BB)$ fell 5.94% to $4.75, Apple Inc. $(AAPL)$ fell 1.27% to $237.30, and Motorola Solutions Inc. $(MSI)$ rose 0.77% to $429.55.
Trading volume (19.0 M) eclipsed its 50-day average volume of 16.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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February 27, 2025 17:29 ET (22:29 GMT)
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