Stock Market Today, March 10: Nokia Dips as Jefferies Opens Large Position
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Nokia (NYSE:NOK), which provides worldwide telecoms solutions, closed Tuesday at $7.80, down 1.14%. The drop comes after several months of growth and could reflect wider concerns about translating AI investments into revenue growth.Trading volume reached 60.8 million shares, about 67% above its three-month average of 36.5 million shares. Nokia IPO'd in 1994 and has grown 505% since going public.The S&P 500 (SNPINDEX:^GSPC) slipped 0.21% to 6,781, while the Nasdaq Composite (NASDAQINDEX:^IXIC) inched up 0.01% to finish at 22,697. Within telecommunications equipment, industry peers showed a mixed tone as Ericsson (NASDAQ:ERIC) closed down 0.35% at $11.30 and Cisco Systems (NASDAQ:CSCO) finished up 1.96%at $77.70.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool