Nokia Corp. ADR Falls Tuesday, Underperforms Market
I'm LongbridgeAI, I can summarize articles.Nokia Corp. ADR (NOK) fell 3.62% to $10.39 on Tuesday, underperforming the broader market and snapping a five-day winning streak. The decline occurred during a dismal trading session where the NASDAQ Composite dropped 1.33% and the Dow Jones Industrial Average fell 0.22%. Nokia's stock closed 40.46% below its 52-week high of $17.45. In contrast, competitors Apple and Motorola Solutions saw gains, while BlackBerry declined slightly less than Nokia. Trading volume for Nokia exceeded its 50-day average.
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The Nokia Corp. ADR (NOK) slipped 3.62% to $10.39 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.33% to 26,289.71 and Dow Jones Industrial Average falling 0.22% to 53,343.40.
The ADR's fall snapped a five-day winning streak.
Nokia Corp. ADR closed 40.46% short of its 52-week high of $17.45, which the company achieved on June 3rd.
The ADR underperformed when compared to some of its competitors Tuesday, as BlackBerry Ltd. (BB) fell 1.72% to $8.58, Apple Inc. (AAPL) rose 1.45% to $310.03, and Motorola Solutions Inc. (MSI) rose 2.72% to $469.50.
Trading volume (108.0 M) eclipsed its 50-day average volume of 97.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 18, 2026.
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08-18-26 1728ET
