NOK is trading at $7.33 (+3.6%) during Wednesday's session as the stock benefits from a stronger-than-expected January jobs report that boosted broader market sentiment.
- The report showed 130,000 new jobs added, significantly outpacing the consensus estimate of 55,000 and reversing earlier market caution.
- Nokia's gains align with a broader tech sector recovery and positive momentum in cyclical stocks as investors reassess Federal Reserve rate-cut timelines.
- The stock has maintained consistent upward momentum over the past week, recording gains of 3.06% on February 6 and 1.56% on February 9.