Shares of Nokia, the soon-to-be ex-Finnish wireless phone giant, are rising significantly in reaction to the company’s $7 billion deal to sell its devices business and license its wireless patents to U.S. software company Microsoft.
After the first hour trading this morning, American Depository Receipts of Nokia had risen by $1.37, or more than 35 percent, to $5.26. Before the announcement of today’s deal, the shares had fallen by more than one percent this year.
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After the first hour trading this morning, American Depository Receipts of Nokia had risen by $1.37, or more than 35 percent, to $5.26. Before the announcement of today’s deal, the shares had fallen by more than one percent this year.
Read the rest of this post ---->
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