The Nokia Corp. ADR NOK were unchanged Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.31% to 14,038.76 and the Dow Jones Industrial Average DJIA rising 0.90% to 34,035.99. Nokia Corp. ADR closed $5.66 below its 52-week high ($9.79), which the company reached on January 27th.
The ADR underperformed when compared to some of its competitors Thursday, as Telefon AB L.M. Ericsson ADR ERIC rose 1.17% to $13.84, Cisco Systems Inc. CSCO rose 0.53% to $51.64, and Hewlett Packard Enterprise Co. HPE rose 0.38% to $15.84. Trading volume (26.0 M) remained 23.4 million below its 50-day average volume of 49.4 M.