Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

Nokia Stock Just Hit a 16-Year High. Should You Chase the Rally Here?

Nokia (NOK) stock has been in a sharp uptrend ever since the company recorded strong financials for Q1, featuring a remarkable 49% year-on-year increase in artificial intelligence (AI) and cloud infrastructure revenue.

As investors cheered €281 million ($328.8 million) in comparable operating profit and €4.5 billion ($5.27 billion) in total net sales, NOK shares extended gains and reached a 16-year peak of over $11. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.