Nokia shares head for best day in months, as hard-hit mobile business appears to be stabilizing
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Nokia shares surged as the company reported a profit in Q4 2024, indicating stabilization in its mobile business.
January 30, 2025 | 3:15 pm
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Nokia's shares experienced a significant increase as the company reported a profit in Q4 2024, suggesting stabilization in its previously struggling mobile business.
The report of a profit in Q4 2024 is a positive indicator for Nokia, especially as it suggests stabilization in its mobile business, which had been underperforming. This news likely led to increased investor confidence, driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100