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What happened to Nokia's stock price?

Nokia's stock price seems to have declined and then recovered since the low point of 2019. At the same time, market capitalization has grown over 20 plus percent in approximately year over a year.

Is Nokia stock a winner?

However, the problem is Nokia stock has gone nowhere. Year-to-date it is up just 8.9% as of Oct. 9 and is down 18% over the past year. That kind of performance does not make it seem like a winner. It also leaves the company open to a takeover.

Is Nokia still a company?

Having completed the sale of its mobile device business to Microsoft in April 2014, Nokia is now primarily a network communications equipment provider. The company has realigned its operating model to four main divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies.

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