Nokia shares outperform on M&A hopes [Reuters (UK)]
Nokia Corporation Sponsored American Depositary Shares (NOK)
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am
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Source: Reuters
Nokia shares outperform on M&A hopes - Reuters 1 Min Read (Reuters) - Shares in Finnish telecom network equipment maker Nokia Oyj ( NOKIA.HE ) outperformed a falling market on Thursday, following a Bloomberg report it was weighing options for potential asset sales and mergers. “If exploring strategic options, only viable ones are a sale to an unrelated Tech company or asset sales,” JPMorgan analysts’ said in a research note. Shares in Nokia were 0.4% lower while European technology shares index .SX8P was 2.3% lower. Nokia competes with Huawei and Ericsson for orders for new 5G networks which are at the center of a brewing technology war between United States and China, as they are expected to host critical functions from driverless vehicles to military communications. Earlier this month, U.S. Attorney General William Barr said the United States and its allies should consider investing in Nokia and Ericsson to counter Huawei’s dominance in 5G technology, fuelling speculation of M&A a
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News
- Nokia Oyj (NYSE: NOK) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Company News for Apr 19, 2024 [Yahoo! Finance]Yahoo! Finance
- Nokia Oyj (NYSE:NOK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Nokia (NOK) Q1 Earnings Beat Estimates Despite Lower Revenues [Yahoo! Finance]Yahoo! Finance
- Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails [Financial Post (Toronto, Ontario, Canada)]Financial Post
NOK
Earnings
- 4/18/24 - Beat
NOK
Analyst Actions
- 4/16/24 - JP Morgan
NOK
Sec Filings
- 4/18/24 - Form 6-K
- 4/11/24 - Form 6-K
- 4/11/24 - Form 6-K
- NOK's page on the SEC website