Have a great Saturday, I know $NOK hasn't been doing well for a while…

Community

· Oct 21

Have a great Saturday, I know $NOK hasn't been doing well for a while and now it has announced it will be cutting ccs 14,000 jobs as part of cost cutting. What started them off to be in this position? Thanks

A community member's personal view, not investment advice. Community Guidelines

Alfred Gray @alfredgray Oct 23

It was mainly the fact that they were unable to innovate enough that started it off, and then somehow it just kept going :)

Daniela Duong @danieladuong Oct 23

I thought they just missed the train. And it looks like they're probably not gonna catch up with him

Rickie Reeve @rickiereeve Oct 22

I have no idea what the company is doing now, but just for Nokia, watch out for the PE ratio, it's actually higher than reported due to tax benefits. (They deducted the loss from previous years)

Daniela Duong @danieladuong Oct 22

I'm not thinking of investing in it, I just came across it last week after a long time

⌘ K

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