📅 最后修改于: 2023-12-03 15:17:58.446000 🧑 作者: Mango
Nokia Corporation (NOK) is a Finnish multinational telecommunications, information technology, and consumer electronics company. Nokia stock trades on the New York Stock Exchange (NYSE) and is a constituent of the S&P 500 index. In this article, we will provide information about Nokia and its stock.
Nokia has a long history dating back to 1865, when it was founded as a pulp mill in Finland. The company started as a manufacturer of rubber products and eventually expanded into electronics with the production of televisions, radios, and eventually mobile phones. Nokia was once the world's largest vendor of mobile phones, but it struggled to compete with Android and iOS smartphones and eventually sold its phone business to Microsoft in 2014.
Today, Nokia focuses on telecommunications equipment and services, including 5G networks. The company also provides software and services for multi-vendor networks, and it has partnerships with various large telecoms operators such as Sprint, Verizon, and Vodafone.
As of June 23, 2021, Nokia stock was trading at $5.03 per share, with a market capitalization of $28.39 billion. The stock is down about 9.5% year-to-date, which is better than the broader market's decline. Over the past 12 months, Nokia's stock has gained 58.9%.
Nokia's financials have been recovering over the past few years. In the first quarter of 2021, the company reported revenue of $6.1 billion, up 3% from the previous year. Nokia's net loss was $312 million, which was an improvement compared to the previous year's loss of $576 million. Analysts expect Nokia to have a positive outlook in the future driven by the growth of 5G and renewed investment in network infrastructure.
Although Nokia has had a challenging past few years, it has turned its focus to 5G technology and is in a good position to benefit from the growth of this sector. Nokia's stock has gained almost 59% over the past year, and the company's financials have improved. As always, it is important to conduct thorough research before investing in any stock.