Nokia Shares Drop on Warning

Schachter, Ken
September 2008
Red Herring;9/5/2008, p6
Trade Publication
The article reports on the decline in the shares of Nokia after the mobile phone maker warned that its market share will fall in the third quarter of 2008. Nokia shares tumbled $2.37, or 10.6 percent to $19.94. Nokia forecast an erosion in its mobile-device market share in the third quarter, which is in contrast to its previous projections when it said it expected market share to hold steady versus the second quarter.


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