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April 16, 2021, 5:12 p.m. EDT

Nokia Corp. ADR underperforms Friday when compared to competitors despite daily gains

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The Nokia Corp. ADR NOK advanced 1.21% to $4.18 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.10% to 14,052.34 and the Dow Jones Industrial Average DJIA rising 0.48% to 34,200.67. Nokia Corp. ADR closed $5.61 below its 52-week high ($9.79), which the company reached on January 27th.

The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Telefon AB L.M. Ericsson ADR ERIC rose 1.52% to $14.05, Cisco Systems Inc. CSCO rose 2.25% to $52.80, and Hewlett Packard Enterprise Co. HPE rose 0.69% to $15.95. Trading volume (22.8 M) remained 25.2 million below its 50-day average volume of 48.0 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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