Nokia Oyj (NYSE: NOK)
Nokia Oyj Return vs. S&P
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Nokia Oyj Company Info
Nokia Oyj engages in the provision of network infrastructure, technology, and software services. It operates through the following segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment offers technologies for Radio Access Networks (RAN) as well as Microwave Radio Links (MWR) for transport networks. The Network Infrastructure serves communication service providers, enterprises, webscales and public sector customers. The Cloud and Network Services segment builds around software and the cloud and is focused on driving leadership in cloud-native software and as-a-service delivery models, as demand for critical networks accelerates; and with strong market positions in communications software, private wireless networks, and cognitive (or intelligent) services. The Nokia Technologies segment, building on decades of innovation and R&D leadership in technologies used in virtually all mobile devices used today, is expanding the Nokia patent licensing business, reintroducing the Nokia brand to smartphones through brand licensing, and establishing a technology licensing business. The company was founded by Fredrik Idestam in 1865 and is headquartered in Espoo, Finland.
News & Analysis
Why Nokia Stock Swooned on Thursday
The company missed on both revenue and net income, despite a robust increase in the latter.
Why Nokia Stock Dived by Almost 6% on Monday
The company's board of directors has authorized the company to spend over $650 million buying back its own shares.
Why Nokia Stock Was Surging This Week
Quarterly beats and misses don't tell the whole story of a company's performance, as evidenced by the onetime Finnish telecom star.
Why Nokia Stock Jumped 12.6% Thursday Morning
The Finnish communications infrastructure vendor is getting back on its feet after a couple of challenging years.
Why Nokia Stock Dropped on Thursday
A weak business climate is hitting the network services provider hard.
Why Nokia Stock Dropped Today
Business that was expected in 2023 is slipping to 2024.
Why Investors Slammed the Phone Down on Nokia This Week
Neither the market nor analysts were impressed with the Finnish company's first-quarter performance.
Why Nokia Stock Crashed Today
Slow growth projections plus an earnings miss mean Nokia stock is too expensive.
Valuation
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