Nokia Rallies As European Markets Show Slight Gains

HFA Padded
HFA Staff
Published on
Updated on
Europe

Here’s our roundup of key moves in European shares this morning. Unfazed by a downgrade from Goldman Sachs Group, Inc. (NYSE:GS) last week, Nokia Corporation (NYSE:NOK) was on traders’ radar and closed higher by 5.7 percent to €2.09, as they anticipated that the beaten down phone-maker could benefit from a change in fortunes, after it releases its new high-end phones before Apple’s Inc. (NASDAQ:AAPL) new gen iPhone. In general, Europe continued to float at a four-month high, as global risk appetite went into overdrive, following soothing noises by the ECB and surprisingly good job numbers out of the U.S. “Markets…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.