Nokia Extends Rally In After-Hours Trading, Stock Trends Amid $1 Billion Nvidia Investment Buzz
I'm PortAI, I can summarize articles.
Nokia Corporation (NYSE:NOK) shares rose 2.45% to $7.96 in after-hours trading, following Nvidia's $1 billion investment for a 2.9% stake, valuing shares at $6.01 each. Nokia's board approved issuing over 166 million new shares, pending regulatory approval. The company reported Q3 earnings of $0.07 per share, exceeding estimates, with revenue of $5.65 billion. Analyst Janardan Menon upgraded NOK from Hold to Buy. Over the past year, Nokia's stock has gained 56.97%, with a market cap of $43.21 billion and a P/E ratio of 39.37.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments