Nokia Stock Plummets 8% as Quarterly Net Sales Hit Lowest Since 2015
Thursday, 18 July 2024, 08:52
Nokia Stock Plummets 8%
Nokia shares took a major hit, sliding by 8% in response to the latest financial report. The market reacted swiftly to the news of the company's struggling performance.
Record-Low Quarterly Sales
Nokia recorded its lowest quarterly net sales figure since 2015, intensifying worries among investors about its long-term viability in the telecom sector.
- Steep Drop in Sales and Profit
- Concerns Over Future Prospects
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