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Why Nokia Stock Surged Higher Today

TheMotleyFool

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Shares of Nokia (NYSE: NOK) were up 9.4% as of 10:51 a.m. EDT on Tuesday after the company announced it would revise its previous guidance upward for 2021. In a press release, Nokia says it saw "continued strength in the business" during the second quarter.

The gains come on top of stellar performance year to date, as shares have far outpaced the broader market averages.