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3 Reasons to Avoid Nokia Stock

·5 min read
3 Reasons to Avoid Nokia Stock
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The company beat first-quarter earnings estimates when it reported Thursday, and its stock price rose by 11% the next day. It could also continue to earn business as companies increase demand for telecom equipment and national governments block companies within their borders from using Huawei's competing hardware. Nokia benefits by providing the equipment that makes 5G possible.