Nokia Shares Drop After Profit-Taking Reverses Recent AI-Fueled Rally
Nokia shares tumbled almost 8% in a single session, sliding to a low of €13.385 before settling around €13.63, as investors booked profits after a long, AI-driven rally. The pullback followed a run-up of about 160% year-to-date and came amid stretched valuation metrics, mixed fundamentals across business segments, and a weak broad market that hit h…