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Nokia Corporation (NOK) stock prices updated...
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Nokia Corporation stock price, NOK
Nokia Corporation stock chart:
Nokia Corporation close price: 6.17
Stock price forecast:
DOWN TO -1.30%
Total forecasts: 82
Reached: 5 (6.10%)
Total Win: 0.59 (10.56%)
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Nokia Corporation latest news:
Apple and Nokia see deeper partnership after ending patent dispute
HELSINKI (Reuters) - Apple has settled a patent dispute with Finnish telecom equipment maker Nokia and agreed to buy more of its network products and services, sending Nokia shares up 7 percent.
Nokia's stock jumps to 16-month high after settlement deal with Apple
Shares of Nokia Corp. jumped 5.1% toward a 16-month high in midday trade Tuesday, as investors cheered the news that the Finland-based network infrastructure company said it would receive and upfront cash payment and additional payments from Apple Inc. as part of the settlements of lawsuits against each other. The deal allows Apple to resume selling Nokia's digital health products in Apple stores. Canaccord Genuity analyst T. Michael Walkley raised his stock price target on Nokia to $7.00 from $5.50. Since the settlement came much sooner than his expectation that it would take "well into 2018," he added back about 250 million euro worth ($280.2 million) of licensing revenue from Apple into his estimates for 2018, leading to the higher stock price target. Walkley said the settlement also removes 100 million euro ($112.1 million) in annual legal costs. Nokia's stock, which has run up 35% year to date, was on track for the highest close since Jan. 29, 2016. In comparison, Apple's stock has rallied 33% year to date, while the Dow Jones Industrial Average has gained 6.0%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Nokia beats market expectations in first quarter
HELSINKI, April 27 (Reuters) - Finnish network equipment
maker Nokia reported on Thursday a
better-than-expected quarterly profit, helped by cost-cuts, and
repeated its forecast for falling network sales in 2017.
BlackBerry, Nokia among past names trying to recapture glory
Everyone loves a long shot. Mobile World Congress had plenty of them.
Nokia brand goes back to basics at MWC
Ex-employees now at HMD revive 3310 classic handset, along with latest smartphones
Nokia 3310 mobile phone resurrected at MWC 2017
An iconic Nokia phone is revamped with added battery life and new features alongside several Nokia-branded Android models.
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