Nokia Stock Is Surging. The Company Says It Can’t Explain It.

Shares of the communications infrastructure supplier Nokia have continued to soar—one of a growing group of stocks seeing outsize moves on the back of surging retail trading. The company said it has no news that would explain the rally.

Nokia Stock Gets Slammed Again

Nokia stock (ticker: NOK) shares has rallied more than 70% this week—including gain of more than 50% on Wednesday—without any fundamental basis.

SOURCE : barrons

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