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Why Did Nokia Stock Soar This Week?

TheMotleyFool 
0 0 01.11.25
Why Did Nokia Stock Soar This Week?: https://g.foolcdn.com/editorial/images/840703/nvidia-headquarters-with-nvidia-sign-in-front.png
 

Shares of Nokia (NYSE: NOK) spiked this week, finishing up 9.7%. The move came as the S 500 gained 0.7% and the Nasdaq-100 gained 2%.

After reporting better-than-expected numbers last Thursday, this week, Nokia announced that artificial intelligence (AI) powerhouse Nvidia is taking a $1 billion stake in the company.

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Source Fool.com

Nokia Corp. Stock

€5.65
0.040%
With only a change of €0.002 (0.040%) the Nokia Corp. price is nearly unchanged from yesterday.
Nokia Corp. is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
With a target price of 6 € there is a slightly positive potential of 6.27% for Nokia Corp. compared to the current price of 5.65 €.
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