The Nokia Corp. ADR NOK rallied 1.45% to $4.21 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.19% to 13,950.22 and the Dow Jones Industrial Average DJIA rising 0.93% to 34,137.31. The ADR's rise snapped a two-day losing streak. Nokia Corp. ADR closed $5.58 below its 52-week high ($9.79), which the company achieved on January 27th.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Telefon AB L.M. Ericsson ADR ERIC rose 5.91% to $14.34, Cisco Systems Inc. CSCO rose 0.27% to $51.93, and Hewlett Packard Enterprise Co. HPE rose 1.52% to $15.99. Trading volume (24.8 M) remained 18.2 million below its 50-day average volume of 43.0 M.