Market Movers: Nokia Corporation (ADR) (NYSE:NOK), Alcatel Lucent (NYSE:ALU), QUALCOMM (NASDAQ:QCOM), Knowles Corporation (NYSE:KN)



Nokia Corporation (ADR) (NYSE:NOK) saw a relatively rare spike in bearish options betting yesterday, marking a change of pace for the Finnish phone maker. By the close, the equity saw roughly 14,000 puts change hands — a 49% mark-up to its average daily volume, and nearly double the number of NOK calls exchanged. Nokia Corporation (ADR) (NYSE:NOK) stock performance was 0.92% in last session and finished the day at $7.67. Traded volume was 13,977,563 million shares in the last session and the average volume of the stock remained 20.73 million shares. The beta of the stock remained 1.79.

Alcatel Lucent Soci (NYSE:ALU)’s shares declined 1.54% to $3.84. Alcatel-Lucent (Euronext Paris and NYSE: ALU) and Etisalat on Mar. 3 announced an agreement to extend Etisalat’s LTE coverage in the United Arab Emirates, one of the largest and fastest growing markets for mobile data services. Etisalat is to deploy Alcatel-Lucent’s LTE solution for this extension, applying the most efficient and sustainable means of delivering a LTE-FDD (long-term evolution frequency-division duplexing)-based network and high-speed mobile broadband to customers in the UAE. Alcatel Lucent SA (ADR) (NYSE:ALU) rose 1.28 percent to $3.96 yesterday on volume of 8.54 million shares. The intra-day range of the stock was $3.94 to $3.99. Alcatel Lucent SA (ADR) (NYSE:ALU) has a market capitalization of $9.51 billion.

QUALCOMM (NASDAQ:QCOM) Chairman Paul E. Jacobs unloaded 70,000 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $76.79, for a total value of $5,375,300.00. QUALCOMM, Inc. (NASDAQ:QCOM)’s stock on Mar18, 2014 reported an increase of 0.56% to the closing price of $77.45. Its fifty two weeks range is $59.02 -$77.75. The total market capitalization recorded $130.97 billion. The overall volume in the last trading session was 7,911,830 million shares. In its share capital, QUALCOMM, Inc. (NASDAQ:QCOM) has 1.69 billion outstanding shares.

JMP Securities initiated coverage on shares of Knowles Corp (NYSE:KN) in a research report sent to investors on Thursday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $36.00 price target on the stock. On Tuesday, shares of Knowles Corporation (NYSE:KN) advanced 4.71% to close the day at $32.91. Company return on investment (ROI) is 7.90% and its monthly performance is recorded as 14.71%.

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