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Why Did Nokia Stock Soar This Week?


Shares of Nokia (NYSE: NOK) spiked this week, finishing up 9.7%. The move came as the S 500 gained 0.7% and the Nasdaq-100 gained 2%.

After reporting better-than-expected numbers last Thursday, this week, Nokia announced that artificial intelligence (AI) powerhouse Nvidia is taking a $1 billion stake in the company.

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Source Fool.com

Nokia Corp. Stock

€5.59
0.650%
The Nokia Corp. stock is trending slightly upwards today, with an increase of €0.036 (0.650%) compared to yesterday's price.
Currently there is a rather positive sentiment for Nokia Corp. with 4 Buy predictions and 0 Sell predictions.
However, we have a potential of -10.55% for Nokia Corp. as the target price of 5 € is below the current price of 5.59 €.
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