|Bid||5.93 x 73500|
|Ask||5.95 x 74300|
|Day's Range||5.93 - 6.01|
|52 Week Range||4.04 - 6.65|
|PE Ratio (TTM)||-69.76|
|Dividend & Yield||0.18 (2.92%)|
|1y Target Est||N/A|
Nokia Oyj (ADR) (NYSE:NOK) stock has been showing some traction lately, and this is more than just a bounce off the bottom. The company has definitely made bold changes over the years, transforming itself into a global networking equipment provider. Consider that the company’s networking business is expected to fall by 3% to 5% this year.
Not content with having the back of the presumptively named Nokia 9, the leak and rumor industry has uncovered a display panel that is believed to be destined for the Nokia 9.
French President Emmanuel Macron said on Friday a decision by Finnish telecom equipment maker Nokia to cut about 600 jobs in France did not comply with commitments the firm made when it bought rival Alcatel-Lucent in 2016. "Nokia was aided by the French government and it made clear commitments," Macron said during a joint briefing following a visit by Finnish Prime Minister Juha Sipila.