Why Nokia Stock Swooned on Thursday
NOKNokia(NOK) The Motley Fool·2024-10-18 05:24

The company missed on both revenue and net income, despite a robust increase in the latter. News from Nokia's (NOK -2.69%) corporate headquarters pushed the Finland-based company's share price down on Thursday. The once-mighty telecom published its third-quarter results, and for the most part investors weren't pleased with the numbers. Nokia stock closed the day more than 3% in the red, comparing unfavorably to the essentially flat performance of the benchmark S&P 500 index. A disappointing double miss Noki ...