Nokia Shares Jump in Extended Trading on New CEO Appointment

Nokia (NOK), the Finnish mobile phone maker, jumped in extended trading after appointing Stephen Elop as president and CEO.

Nokia rose 5.3% to $10.28 a share at 6:32 a.m., Eastern time. The shares gained 0.6% to $9.76 on Thursday.

Elop, who is curre…

New Smartphone Could Lift Nokia’s Stock

Next week, Nokia will unveil a smartphone that is squarely aimed at gaining back market share from Apple and Google. That could be good news for the stock, which has fallen about 38% this year.
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