The Finnish Nokia, a former world leader in mobile telephony, has been booming in the market for weeks. Its shares have increased by 138% over the past 12 months and by 180%. Nokia’s own CEO, Justin Hotard, raised its annual growth forecasts for this market to 27%, compared to 16% of its previous estimate. In addition, Nokia is benefiting from certain geopolitical factors, motivated by Western countries’ rejection of Chinese manufacturers of tel…
The Finnish Nokia, a former world leader in mobile telephony, has been booming in the market for weeks. Its shares have increased by 138% over the past 12 months and by 180%. Nokia’s own CEO, Justin Hotard, raised its annual growth forecasts for this market to 27%, compared to 16% of its previous estimate. In addition, Nokia is benefiting from certain geopolitical factors, motivated by Western countries’ rejection of Chinese manufacturers of tel…