The Nokia Corp. ADR NOK, +1.25% rose 1.25% to $4.05 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +1.67% rising 1.67% to 13,705.59 and the Dow Jones Industrial Average DJIA, +1.13% rising 1.13% to 33,527.19. This was the ADR’s second consecutive day of gains. Nokia Corp. ADR closed $5.74 below its 52-week high ($9.79), which the company reached on January 27th.
The ADR underperformed when compared to some of its competitors Monday, as Telefon AB L.M. Ericsson ADR ERIC, +2.52% rose 2.52% to $13.40, Cisco Systems Inc. CSCO, +1.55% rose 1.55% to $52.41, and Hewlett Packard Enterprise Co. HPE, +1.34% rose 1.34% to $15.91. Trading volume (21.2 M) remained 89.3 million below its 50-day average volume of 110.5 M.