Nokia’s stock soars to a record gain on record volume, for no apparent reason
Networking company said it’s ‘not aware’ of any developments or changes to its business to explain the stock’s move fonte: https://www.marketwatch.com/ Shares of Nokia Corp. powered up in very volatile and active trading Wednesday, enough for the Finland-based networking company to comment on the activity. “Nokia is not aware of any material, undisclosed corporate developments or material change in its business or affairs that has not been publicly disclosed that would account for the recent increase in the market price or trading volume of its shares,” the company said in a statement. The stock NOK, -26.56% pared intraday gains of as much as 107.0%, but still soared 38.5% to close Wednesday at a 2-year high of $6.55. That was the biggest one-day percentage gain since it started trading in February 1991. Trading volume spiked up to 1.14 billion shares, also a record, and well above the full-day average of about 47.3 million shares. Nokia’s stock was halted...