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Rap Sheet

Author:

breinejm

Subject:

News

Date:

01/25/21 at 8:25 AM CST

 

 

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Sentiment:

Neutral

NOK up in pre-market

Is this why NOK is up so much??? I would love for NOK to be $7 in 1 year, lol.

Regarding NOK (NYSE:NOK), we observe a call option sweep with bullish sentiment. It expires in 364 day(s) on January 21, 2022. A trader bought 1000 contract(s) at a $7.00 strike. This particular call needed to be split into 36 different trades to become filled. The trader or institution spent $28.8K on this trade with a price of $29.0 per contract. There were 141496 open contracts at this strike prior to today, and today 2326 contract(s) were bought and sold.

pulse2.com/no...pened/

The stock price of Nokia Oyj (NYSE: NOK) increased by 15.48% on January 25. One of the biggest reasons why the stock price jumped is due to a bullish report from Sweden-based financial institution SEB, according to Fool. 

SEB had increased the price target from $4.25 to $4.60 per share. And SEB is maintaining a “Buy” rating on the shares. And SEB pointed out that Nokia’s stock price was undervalued in comparison to LM Ericsson. And SEB also noted that Nokia’s fourth-quarter results should be favorable. Plus Nokia is also expected to reinstate a dividend policy. 

Nokia is currently trading at over 4% pre-market today. At 4 AM ET today, Nokia said that its comprehensive C-Band portfolio is now ready for 5G build-out in the U.S.


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Author:

breinejm

Subject:

News

Sentiment:

Neutral

Date:

01/26/21 at 12:08 PM CST

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