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Nokia investors started trading with new options
Nokia investors started trading with new options today, for the May 12 expiration. In the equity options channel, our YieldBoost formula looked up and down the NOK options chain for the new May 12 contracts and identified one put and one call of particular interest.
Oneplus and Oppo are leaving the European market
Oppo and OnePlus are struggling in Europe due to a patent dispute with Nokia. It prevented them from promoting their products in Germany. Companies are also facing a shrinking smartphone market in Europe, which does not bode well for their prospects. Reports suggest that the two BBK Electronics-owned entities are now preparing to exit most, if not all, European markets, including the UK.
Nokia joined Diya City in Ukraine
Another technology giant has joined Diya City – the legendary Nokia company has become a resident of the space, which was reported by the Ministry of Statistics of Ukraine in its announcement.
Former Nokia executive Thomas Zilliacus bid for Manchester United
Thomas Zilliacus, a Finnish entrepreneur in the running to buy Manchester United, is a former Nokia executive who claims to have made his fortune in the Asian technology sector.
Cygna Labs acquires Nokia's VitalQIP product
Cygna Labs is acquiring Nokia's VitalQIP, adding tools to its DDI portfolio that CEO Christian Ehrenthal says will put Cygna Labs head-to-head with competitors like Infoblox and BlueCat. DDI software is the foundation of IP networks and includes Domain Name System (DNS), Dynamic Host Configuration Protocol (DHCP), and IP Address Management (IPAM).
Raymond James raises Nokia Oyj to $7
Nokia Oyj had its price objective raised by Raymond James from $6.50 to $7.00, Benzinga reports. Raymond James currently outperforms the technology company's stock. Deutsche Bank Aktiengesellschaft reduced their price objective on Nokia Oyj from €6.00 ($6.52) to €5.50 ($5.98) and set a buy rating for the company in a research note on Wednesday, November 9th. for. Morgan Stanley started coverage on Nokia Oyj in a research note on Tuesday, November 8th.
Nokia India sales up 129% to €568m in 4Q22
The strong increase in net sales in India was attributable to mobile networks as 5G deployments started to increase in the fourth quarter. The network infrastructure also achieved strong growth, thanks to both optical networks and fixed networks, according to Nokia's quarterly earnings report published on Thursday.
Nokia Corporation Financial Report for Q4 and full year 2022
This is a summary of the Nokia Corporation Financial Report for Q4 and full year 2022 published today. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook.
Adif provides the 5G network of its main logistics terminals to Nokia
Adif awards the 5G network of its main logistics terminals to Nokia and Cellnex for 20.5 million. Adif awards the 5G network of its main logistics terminals to Nokia and Cellnex for 20.5 million.
Nokia call options are bought in large quantities by stock traders
On Monday, the Nokia Oyj (NYSE: NOK) options market attracted unusual activity. Investors purchased a total of 18,604 call options based on the underlying stock. This represents an increase of approximately 50 percent over the average daily call option trading volume of 12,410 contracts.
A moderate buy consensus rating was given to Nokia shares
According to Bloomberg, the fifteen brokerages following Nokia Oyj have given the stock a “Moderate Buy” rating on average, indicating that investors should consider buying the stock. The stock received this recommendation during trading.
Nokia shares end on a sad day
Black Friday for Nokia - Nokia shares have fallen 7.2% in the past week and have continued to do so for the past few days (including today), far worse than the S&P 500, which was down 3.3% during this period. Looking at the changes over the past ten days, the stock has fared much worse than the broader markets.