Nokia Shares Drop by 6% Amid Profit-Taking and Market Volatility
On May 7, Nokia (NYSE: NOK) shares fell approximately 6.37%, closing at $12.35 amid profit-taking or broader AI valuation concerns. Despite the drop, the stock is up nearly 90% year-to-date due to strong performance in AI and military infrastructure projects.
Topics: 5G AI analyst_upgrades earnings Nokia