Nokia ADR slips 1.71% and underperforms competitors
Updated
Updated · MarketWatch · May 6
Nokia ADR slips 1.71% and underperforms competitors
8 articles · Updated · MarketWatch · May 6
The shares closed at $13.19 on Wednesday as the Nasdaq rose 2.02% and the Dow gained 1.24% in a broadly positive US market session.
Nokia finished 5.65% below its 52-week high of $13.98, reached on May 5, while BlackBerry rose 6.96%, Apple added 1.17% and Motorola Solutions fell 0.99%.
Trading volume reached 120.1 million shares, well above Nokia's 50-day average of 79.8 million, indicating heavier-than-usual investor activity despite the stock's decline.
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