Photo credit © Nokia

(Boursier.com) – Nokia signs the performance of the week in Paris with a title that shows a gain of nearly 20% over five sessions, to 4.1 euros. In addition to the excellent publication of its competitor Ericsson which continues to benefit from the deployment of 5G across the world and the ban of Chinese Huawei in several key markets, the Scandinavian group was especially boosted by the appearance of its name on the forum WallStreetBets from ‘Reddit’.

Without wanting to, Nokia finds itself in the heart of the stock market battle which has been opposing for several days a coalition of individual investors to hedge funds specializing in short selling. Reacting to the surge in its title, Nokia simply said it was “not aware of any important and undisclosed new fact concerning the company, nor of any significant change in its activity or its business”.


© 2021, Boursier.com