Nokia Stock Plunges 9.7% After €605 Million Profit Beat as…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Nokia stock (HEL: NOKIA) closed 9.72% lower at €7.43 in Helsinki on Thursday, October 22, after the Finnish network equipment maker cut its 2026 free-cash-flow conversion forecast and reported €357 million in restructuring and integration charges. The selloff followed third-quarter results showing comparable operating profit of €605 million, approximately 34% above analyst expectations. Nokia's NY…