The Nokia Corp. ADR
shed 2.41% to $5.68 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 0.33% to 15,498.39 and the Dow Jones Industrial Average
rising 0.25% to 35,819.56. The ADR’s fall snapped a three-day winning streak. Nokia Corp. ADR closed $4.11 short of its 52-week high ($9.79), which the company reached on January 27th.
The ADR underperformed when compared to some of its competitors Friday, as Telefon AB L.M. Ericsson ADR
fell 1.54% to $10.87, Cisco Systems Inc.
fell 0.48% to $55.97, and Hewlett Packard Enterprise Co.
fell 0.75% to $14.65. Trading volume (21.2 M) eclipsed its 50-day average volume of 18.3 M.