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Why Nokia Stock Cratered in October

TheMotleyFool

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Why Nokia Stock Cratered in OctoberPhoto, wide shot, wide-angle lens, Mobile phone network, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/828b91fb-678a-4621-906b-21e972059e7d.png

Shares of Nokia (NYSE: NOK) were heading toward a market-beating return in October but the Finnish telecom networking systems expert stumbled at the goal line. A disappointing third-quarter earnings report led to a big sell-off near the end of the month, resulting in a 13.8% loss for the full month, according to data from S&P Global Market Intelligence.