Nokia (NOK) Dips More Than Broader Markets: What You Should Know

Nokia (NOK) Dips More Than Broader Markets: What You Should Know
This story originally appeared on Zacks

Nokia (NOK) closed at $6.25 in the latest trading session, marking a -0.64% move from the prior day. This move lagged the S&P 500’s daily loss of 0.06%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq lost 0.3%.

Nokia (NOK) Dips More Than Broader Markets: What You Should Know – Zacks

Prior to today’s trading, shares of the technology company had gained 10.55% over the past month. This has outpaced the Computer and Technology sector’s gain of 4.06% and the S&P 500’s gain of 5.76% in that time.

Wall Street will be looking for positivity from Nokia as it approaches its next earnings report date. This is expected to be February 3, 2022. On that day, Nokia is projected to report earnings of $0.13 per share, which would represent a year-over-year decline of 23.53%. Meanwhile, our latest consensus estimate is calling for revenue of $7.4…

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