The Nokia Corp. ADR NOK slumped 0.48% to $4.15 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.92% to 13,786.27 and Dow Jones Industrial Average DJIA falling 0.75% to 33,821.30. This was the ADR's second consecutive day of losses. Nokia Corp. ADR closed $5.64 short of its 52-week high ($9.79), which the company reached on January 27th.
Despite its losses, the ADR outperformed some of its competitors Tuesday, as Telefon AB L.M. Ericsson ADR ERIC fell 1.46% to $13.54, Cisco Systems Inc. CSCO fell 2.01% to $51.79, and Hewlett Packard Enterprise Co. HPE fell 1.32% to $15.75.true Trading volume (31.9 M) remained 12.1 million below its 50-day average volume of 43.9 M.