Nokia shares are trading lower following a report suggesting the company is considering an acquisition of Infinera.
Portfolio Pulse from Benzinga Newsdesk
Nokia shares are trading lower following a report suggesting the company is considering an acquisition of Infinera.
June 27, 2024 | 8:24 pm
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Nokia shares are trading lower due to reports that the company is considering acquiring Infinera.
The market often reacts negatively to news of potential acquisitions due to concerns about the cost and integration risks. This has led to a short-term decline in Nokia's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100