New all time low for Finnish mobile phone giant Nokia


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Wednesday, 13 July 2011
It is not going well with thought of Nokia renaissance. The company saw its shares fell today over under €4, reaching its lowest level in 13 years.


As trade carried on, there was some slight recovery and shares rose back above €4.
On the whole the share has been trading in a lower party minus four percent today interims of average volume.

One reason why investors are weary is speculated that they are concerned that Nokia Siemens Networks will cost the company dearly. Nokia Siemens Networks' two owners, Nokia and Siemens, have tried to sell parts of the company, but announced today that they will now quit the attempts. Nokia will publish its interim results on Thursday next week.
By Team

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