Nokia stock jumped in early trading on Thursday, following a rally in Reddit favorites GameStop and AMC Entertainment. Nokia has signed a patent license agreement with Samsung that covers the use of Nokia's innovations in video standards. Zomedica is definitely a high-risk/high-reward reopening play at this point priced at under $2.30 per share. Press question mark to learn the rest of the keyboard shortcuts. The stock price of Nokia Corporation (NYSE: NOK) is trading at over 6% pre-market as of 7:21 AM ET. That was before the entire Reddit debacle at the end of January that saw all kinds of terrible stocks make millionaires. While it has also become a meme stock, it is unlike the earlier two stocks – in that it isn’t a stock that got battered because of COVID-19. And I have not read this but believe that they are going to put those shares to the new employee share program. Moderator reserves the right to flair users as he sees fit. 02/26 12:10. Please check the weekly thread to see if a news article has been linked before posting it in this sub. Press Release. Remember shares don't expire. Other stocks mentioned: AMC, BB. While it has also become a meme stock, it is unlike the earlier two stocks â in that it isnât a stock that got battered because of COVID-19. This is a continuation in momentum as it closed up 2.28% yesterday from a previous close of $3.95 to $4.04. That might not be true. submitted 8 days ago by Specialist-Bet5771. This time, there does not appear to be any company-specific news. BlackBerry and Nokia gained as much as 3.9% and 5.7%, respectively, on Thursday as Reddit traders returned to their favorite stocks. 02/26 11:14. Update: Nokia (NYSE:NOK) has risen by 7.24% on Monday, beating the trend of other short-squeezed stocks highlighted on Reddit's WallStreetBets. The future is bright, half now half after. The company soared 42.5%, on the day marking its biggest one-day trading since February 1991 when the company started trading. Get an ad-free experience with special benefits, and directly support Reddit. Under the agreement, Samsung will make royalty payments to Nokia. Another day, another round of gains for Reddit stocks GameStop (NYSE: GME), AMC Entertainment (NYSE: AMC), BlackBerry (NYSE: BB) and Nokia (NYSE: BB). ... Is Nokia (NOK) a Profitable Stock for Value Investors Now? Nokia (NYSE: NOK) released fiscal year 2020 fourth quarter and full year financial report on Feb. 4. Nokia's solution will leverage automation to deliver exceptional service quality and allow LG Uplus to create new B2B services quickly The initiative will enable LG Uplus to go beyond traditional network connectivity to offer differentiated services to its enterprise customers Reddit Stocks: Why GME, BB, NOK and AMC Stock Gained on Monday. Think prior lows in the $2.50 range. Why Nokia Stock is a Compelling Value Holding for the 5G Growth Ahead. 1. The day traders who lifted meme stocks in … Proof.... Nokia Signs Patent Licensing Deal With Samsung. NOK stock needs to deliver more than a Reddit-inspired sugar high to make a long-term case for investors to believe in its growth. [â]Classic-Fish5755 0 points1 point2 points 5 days ago (0 children), it is a long play I would add more to my position if it fell. Facebook Twitter Pinterest LinkedIn Reddit Hacker News VK Odnoklassniki Telegram Viber WhatsApp. The Index managers are going to purge NOK because they only hold stocks in the index. Your best bet would be to average down. Nokia (NYSE: NOK) and some of … 32. Remember 5G is just starting and Nokia is one of main players in this revolution. Depends on your willingness to gamble and if you can stand a paper loss in case the sp goes down after the conference. Here is a glossary of internet slang terms popular on Redditâs wallstreetbets sub-Reddit and other stock and crypto forums. © 2021 reddit inc. All rights reserved. so I am patient enough to wait on NOK, [â]VanNiceAlex 5 points6 points7 points 8 days ago (0 children), The UBS in Switzerland and the Deutsche Bank in Germany are both on BUY for NOK and they estimate the Range between +35% to +41%, [â]Pomagach 4 points5 points6 points 7 days ago (0 children), [â]stockaddict2021 3 points4 points5 points 8 days ago (0 children), I would say buy now if you willing to wait one year or more, all my portfolio dropped 30-40% and NOK seems to be the most stable of all, hard to believe it will drop further, I am 5000k shares in plus some 5 dollars call options for June ð¤ð¤ððð, [â]VanNiceAlex 3 points4 points5 points 8 days ago (2 children). And 2022 might be a breakthru year. The Index managers are going to purge NOK because they only hold stocks in the index. One the stimulus checks go out, the same retail traders that have been buying GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) could also be buying Nokia. [â]Specialist-Bet5771[S] 2 points3 points4 points 8 days ago (1 child), I dipped my toes into the ocean and bought @ 3,24â¬, [â]KimoTheGroin 3 points4 points5 points 7 days ago (0 children), [â]Electronic-Divide-67 4 points5 points6 points 8 days ago (1 child). I would definitely do it. As of early afternoon trading on Thursday, GameStop stock is deep in the red after jumping over 130% just the day before. A high-level overview of Nokia Corporation (NOK) stock. Don't forget that Nokia owns Bell labs in the US which is a leader in quantum computing technology which may have very beneficial long term implications for the the company. If positive you miss the initial uptick of the sp, but can then decide to step in as longer term results will most probably lead to a permanent raise of the sp. Hunch. REDDIT! Buy MO, RDS, AAPL and you will be in 2 years still happy with dividends and grow. Nokia is both a play on 5G wireless networks and a bet on the WallStreetBets trade. 5G Is Simply Not Enough for Nokia Stock. Of course, NOK stock was swept up in the Reddit short-squeeze too, but it … Reuters. As the hearing began, NOK stock aggressively bounced off of their intra-day lows of $4.05 and back above $4.10. NOK is being booted from the European Index and replaced by a chip company that has profits and growth. If you are bullish on AMC stock and other Reddit WSB stocks, be sure to keep doing your own research. MT Newswires. If you don't want to gamble, wait for the conference output. [â]SAMTYJJ 7 points8 points9 points 8 days ago (0 children), Iâm in with 5k shares at $4,40, ready to buy more if we go down more, [â]DitchWitch_PNW 5 points6 points7 points 8 days ago (0 children). REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 22876 on r2-app-07bf2410db9fa1063 at 2021-03-13 23:02:32.209467+00:00 running 1ebdfbe country code: US. use the following search parameters to narrow your results: /r/nokia for general discussion, device info, etc. Despite understanding that GME is a heavily shorted stock with a Short Float greater than 100%, it is important to look at the Put Volume as well. NOK is a long haul paper anyway, they are not paying dividends anytime soon. NOK is MEME shit. [â]iGit2021 1 point2 points3 points 6 days ago* (0 children), Itâs good for loooooooong term investment, [â]OldDominion11971 1 point2 points3 points 6 days ago (0 children). However, as the Reddit rally slows, will NOK be able to ⦠Yahoo. Benzinga does not provide investment advice. Sometimes rightfully so, but the market seems much more willing to reward a new unproven company in an industry with a lot of upside than an established, formerly struggling company with new leadership and change in direction. Reuters. Buying and holding is great but the real power comes when we hold enough shares to influence the boards. The stock price of Nokia Corporation (NYSE: NOK) is trading at over 6% pre-market. Nokia, LG Uplus to trial 5G B2B digital platform in Korea. Here's why, and what to watch in the days ahead. 112. Nokia beat analyst earnings estimates by â¬0.03 and revenue estimates by â¬60 million in the 4th quarter. Shares of Nokia (NOK) stock surged 12% on market open. Nokia (NOK) stock surged over 5% following the Reddit rally, this has been among the favorites of Reddit’s Wall Street Bets. So until that purge is completed (early April), any increase in share price is going to face dumping by the index. NOK stock saw many ups and downs during 2020 but ended the year without gaining any value. ... Reddit traders take on tech â the new names in their crosshairs. DY stock is up 3.3% on Friday with roughly 175,000 shares of the stock have moved. On the 27th of January, Finish telecommunications company Nokia Corporation (NYSE: NOK) surged 38% in its stock as Reddit traders boosted the … BlackBerry and Nokia rallied on Thursday as the revival of Reddit-trader momentum lifted a handful of so-called meme stocks.. BlackBerry rose as much … The post 5G Is … Do your thing WSB. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. I wish I had the money to add another thousand shares now. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. I would say if you did your DD and like the stock dont speculate in timing and pennies. AMC Stock - Another SHORT SQUEEZE!? If I were to decide I would wait for the conference to see how the stock is going to move. [â]KimoTheGroin 4 points5 points6 points 8 days ago (2 children). Company went to jail back in 2010 and I was stuck. Nokia’s trading volume increased to 960.4 million shares, a significant spike over the full-day average of around 47.3 million shares. Nokia was one of the later names to join the Reddit surge with traders expecting the communications company to experience an explosive move in the wake of market-wide short squeezes. and join one of thousands of communities. [â]Virtual_Coconut_8378 4 points5 points6 points 7 days ago (0 children). Definitions of Reddit stock and crypto slang. [â]twinmilll 0 points1 point2 points 6 days ago (0 children), That's rough. I donât condone the use of the terms below, which include slurs that are obviously offensive regardless of the context in which they are used. But the company's stock fell as much as 9% on a weak 2021 outlook from management. Nokia and China Mobile … I expect Nokia to make a return to $30 or even $50 levels over the next 3 years. Nokia was the first stock I ever bought and been sitting on 3500 for ages and thinking about selling at loss since it's been pretty stagnant for years now. Only discuss news, financials, events, and strategy relevant to Nokia and $NOK stock price. [â]Desperationxstation 7 points8 points9 points 8 days ago (0 children), [â]Chill_down1 4 points5 points6 points 8 days ago (1 child), [â]Specialist-Bet5771[S] 3 points4 points5 points 8 days ago (0 children), Damn you should give me some too ðð, [â]rlogranite 5 points6 points7 points 8 days ago (0 children). I am holding onto my shares right now, looking back I bought at a quite high price compared to the current. Reddit stocks like GME stock, AMC, BB and NOK gained again on Monday. I think its position in the 5g and upcoming 6 g networks will only grow particularly in Europe and elsewhere. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Nokia (NYSE:NOK) released its Q4 and full-year 2020 results on Feb. 4. View today's stock price, news and analysis for Nokia Corp. ADR (NOK). Now is the moment. To large a float. IMO the market is somewhat impatient and irrational right now. Nokia completes 5G RAN architecture trial . ... help Reddit App Reddit coins Reddit premium Reddit gifts. it finally moved up 1/10000th after I finally sold my last 10k shares. NOK is being booted from the European Index and replaced by a chip company that has profits and growth. Index managers will use any uptick from that meeting to sell. I would buy now. I LIKE THE STOCK - GME NOK AMC NAKD. Source: rafapress / Shutterstock.com Nokia’s prospects in … Skip Navigation. Just SELL. Is a shame really on the timing. Hope this helps. Nokia (NYSE: NOK) is listed on the New York Stock Exchange (NYSE), on the Euronext Paris, and in its native Helsinki. Nokia stocks are so unbelievable cheap. The Reddit boom appears to be over with the NOK share price quickly collapsing back toward its starting point for the year. The stock jumped as high as $5.27 per share before closing at $4.73 on Tuesday’s intraday trading. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Finally some fucking NOK action. Try it today! There’s no clear reason why Reddit WallSteetBets is taking a liking to this stock today. When this form arrives please make sure to VOTE AGAINST ISSUE 17, we do not want any new shares issued. The company soared 42.5%, on the day marking its biggest one-day trading […] [â]DutchOptimist 17 points18 points19 points 8 days ago (1 child). [â]Specialist-Bet5771[S] 0 points1 point2 points 8 days ago (0 children), [â]Toff92 9 points10 points11 points 8 days ago (3 children). All rights reserved. For Nokia, the focus has been on the development of infrastructure and equipment for telecom networks. If you fancy the stock now; how much does it need to fall for you to like it... more? But if they are above expectations, you will do well by investing now. Nokia has informed investors that 2021 will be a transition year. Here's why, and what to watch in the days ahead. 37. Over the past 12 months, NOK stock is up about 10%. ATA Creativity Global (NASDAQ:AACG), a Chinese education company, gained almost 1000% on volume of 307m after Reddit WallStreetBets users and others were pushing the shares up on no news. The Nokia Corp. ADR NOK, were unchanged Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -1.69% falling 1.69% to 13,358.79 and Dow Jones Industrial Average DJIA, -0.46% falling 0.46% to 31,391.52. I think it may be a good long term investment. Financial terms were not disclosed. On the 27th of January, Finish telecommunications company Nokia Corporation (NYSE: NOK) surged 38% in its stock as Reddit traders boosted the brand. If short-term results are disappointing sp will probably languish in 2021. Iâm in for the long haul on this. I would buy now personally- I bought 1000 shares at 4.20 and am still happy with my price. Just recently bought some Nokia stock. I waited on worse stock for 8 years. In addition, after the stock's huge run, shares now trade at about 67 times sales, suggesting some extreme long-term growth is already priced in. I think it is significantly undervalued at this point compared to other telecom companies. [â]Specialist-Bet5771[S] 1 point2 points3 points 8 days ago (1 child), [â]edward-1995 1 point2 points3 points 8 days ago (0 children), [â]Total_Test_901 7 points8 points9 points 8 days ago (0 children). But March 18th will be interesting, Really depends on their future guidance and what comes out of that presentation. One of those stocks was Nokia, which hit … Nokia (NYSE: NOK) Nokia (NYSE: NOK) is listed on the New York Stock Exchange (NYSE), on the Euronext Paris, and in its native Helsinki. Nokia is quickly accelerating their footprint on 5G and other internet connected systems. In their meeting they will be voting on weather to purchase 10% of the shares as they believe they are undervalued. Nokia (NOK) Source: RistoH / Shutterstock.com. go figure. It will go north for sure, but you must have time/be patient. Think my cost basis is in the 4.50 range. finally started moving out in April. NOK, Nokia Corp Ads - Stock quote performance, technical chart analysis, ... Clampdown On GameStop Stock, Other Reddit Short-Busters Sparks Double-Standard Cries ... Get top-quality trade ideas at the push of a button with the IBD Stock Screener. Well, that would be good since I bought at $6.55. Easily a 6$ stock, [â]Ddtgtothemoon 2 points3 points4 points 7 days ago (1 child). InvestorPlace - 1 week ago. So until that purge is completed (early April), any increase in share price is going to face dumping by the index. So like 4.50. Dont think you see that until next year. Nokia shares fell on Tuesday amid a broad sell-off of stocks traded heavily by Reddit's WallStreetBets forum. Nokia's patent portfolio is made up of approximately 20,000 patent families, including more than 3,500 patent families declared essential to 5G. This is why it happened. Reply. Buy now. The recent Reddit-inspired surge may be the last big, positive move for NOK stock for some time, as the company is facing multiple challenges. report. I believe it will pay off in the future. Is it attempting to return to its recent high ? Nokia Campus. Nokia and Nokia Bell Labs. NOK is now only up 7% for … If the news from the meeting is negative or even neutral, then would expect a further sell off of NOK. This is the numbers of option contracts that are shorting the stock. TSLA (Tesla) Stock WSB STOCKS | BB Stock | NOK Stock Pretty much everything on the market is on sale right now, so may as well add to my tiny portfolio. Share. I have 100 shares @ $4.20. Reddit stocks like GME stock, AMC, BB and NOK gained again on Monday. NOK stock buy back on the menu for annual shareholders meeting vote, Picked up another 50 shares this morning. share. IMO the market is somewhat impatient and irrational right now. MT Newswires. finally sold the last in November. But I have bought a few grand every step down. hide. Point is if anything I would buy before the meeting. Aside from the Jan. 27 short-squeeze from Reddit users that lifted NOK stock to a $9.79 high, the company has no catalysts ahead. Pet health company Zomedica is launching its first product, which could be a major catalyst for the stock. Looks like you're using new Reddit on an old browser. NOK – Nokia (NOK), which has been playing a major role in 5G deployment globally, was a targeted “meme stock” by Reddit’s WallStreetBets because prominent hedge funds heavily shorted the stock owing to the global industrial slowdown. Is a shame really on the timing. Than sell calls against the fully allocated position after the 19th. So right now Iâm deliberating on whether to buy now since the price seems to be low, or wait until the 03/19 for the meeting in case the price drops after that even more. This was wrapped up into some "short selling" fantasy but the reality is that all the early DD and predictions were based on the thought that the stock is undervalued and a long term play. Stocks to sell. 6 comments. I donât have a lot, but as the price drops, I keep adding 5-10 shares. There's no P&D, it's not a meme stock so we're all in it for the long haul anyway. Rendered by PID 22876 on r2-app-07bf2410db9fa1063 at 2021-03-13 23:02:32.209467+00:00 running 1ebdfbe country code: US. no movement had a sell order gtc with cobwebs and an inch of dust on it. [â]Junior-Education-952 -1 points0 points1 point 6 days ago (0 children). The meme stock frenzy or missing out on one 5G deal won't negatively impact Nokia in the long run. Couple of weeks ago I sensed despondency on this subreddit and I suggested patience. On the 27th of January, Finish telecommunications company Nokia Corporation (NYSE: NOK) surged 38% in its stock as Reddit traders boosted the brand. The March Capital meeting is a great hope for the longs. With that in mind, what do you need to know about GME, BB, NOK and AMC stock … Nokia Corp. ADR closed $5.75 short of its 52-week high ($9.79), which the company achieved on January 27th. The meme stock frenzy or missing out on one 5G deal won't negatively impact Nokia in the long run. Sometimes rightfully so, but the market seems much more willing to reward a new unproven company in an industry with a lot of upside than an established, formerly struggling company with new leadership and change in direction.
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