Nokia shares are trading lower after the company reduced net sales guidance and narrowed its operating margin outlook for 2023.
Portfolio Pulse from Benzinga Newsdesk
Nokia has reduced its net sales guidance and narrowed its operating margin outlook for 2023, leading to a decrease in its share price.
July 14, 2023 | 8:34 am
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Nokia's shares are expected to be negatively impacted in the short term due to the company's reduced net sales guidance and narrowed operating margin outlook for 2023.
Nokia's reduced net sales guidance and narrowed operating margin outlook for 2023 indicate potential financial challenges, which can negatively impact investor sentiment and lead to a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100