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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.