Nokia Stock Is Rising After Earnings Beat Estimates Despite Supply Chain Issues – Barron’s

Despite supply-chain issues and the pinch of the global chip shortage, Nokia‘s third-quarter earnings firmly beat expectations, sending the shares higher.

Nokia (ticker: NOK) stock shot up as much as 5.5% in Helsinki trading Thursday, before paring gains, with the company’s U.S.-listed shares poised to open 3.5% higher.

In the third quarter,…

Source: https://www.barrons.com/articles/nokia-earnings-smashed-expectations-despite-chip-supply-issues-the-stock-is-rising-51635420185

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