Nokia Shares Spike to New AI High; Pressure Builds After Surge
Nokia shares fell 1.5% to 13.06 euros in Helsinki Monday after hitting a 52-week high of 13.495 euros earlier in the session. The drop followed Friday’s 9.55% surge and Morgan Stanley’s price target hike to 14 euros. OMX Helsinki 25 rose 0.57%. Nokia’s U.S. ADRs did not trade due to the Memorial Day holiday.