DJ Nokia Corp. ADR Falls Monday, Underperforms Market

Dow Jones2021-09-21

DJ Nokia Corp. ADR Falls Monday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Nokia Corp. ADR (NOKIA.HE) slid 2.73% to $5.35 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 2.19% to 14,713.90 and Dow Jones Industrial Average falling 1.78% to 33,970.47. This was the ADR's second consecutive day of losses. Nokia Corp. ADR closed $4.44 short of its 52-week high ($9.79), which the company achieved on January 27th.

The ADR underperformed when compared to some of its competitors Monday, as Telefon AB L.M. Ericsson ADR (ERIC-B.SK) fell 2.66% to $10.98, Cisco Systems Inc. $(CSCO)$ fell 1.69% to $55.89, and Hewlett Packard Enterprise Co. $(HPE)$ fell 1.99% to $13.28. Trading volume (37.4 M) eclipsed its 50-day average volume of 23.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 20, 2021.

-MarketWatch Automation

$(END)$ Dow Jones Newswires

September 20, 2021 17:12 ET (21:12 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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HeoMoi
2021-09-21
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