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Home Finance Nokia comments on its stock trading activity | Nokia Share

Nokia comments on its stock trading activity | Nokia Share

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Nokia stock trading activity

It’s hard to explain what’s going on well, but sometimes the price of Nokia shares on the New York Stock Exchange increased by 90% to $ 8.81, compared to the $ 4.87 stocks that started trading today in it. Nokia stock trading activity is not unique – Gamestop, BlackBerry, AMC, and others.

Stock day traders are clearly buying stocks that the hedge fund is in short supply (betting stock prices will go down), thereby increasing the stock price. Targeted stocks seem to be a “legacy” or in other words older companies in their industry, such as Gamestop in toy sales, AMC in theaters, or Nokia and BlackBerry in technology.

Nokia Stock Trading Activity

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Nokia stock trading activity

Espoo, Finland – Nokia has released this stock exchange to comment on its latest trading activity. Nokia does not know of any assets, undisclosed company developments, or changes in the material or its undisclosed material that could result in a recent increase in market price or trading volume for its shares.

About Nokia

We build critical networks and technologies to bring together global intelligence, across all businesses, cities, supply chains, and communities.

With our commitment to innovative leadership and technology, driven by award-winning Nokia Bell Labs, we bring networks to the forefront of science across mobile, infrastructure, cloud, and enabling technology.

Adhering to the high standards of integrity and security, we help build the skills we need for a productive, sustainable, and inclusive world.

For our latest updates, please visit us at www.nokia.com and follow us on Twitter @nokia

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