NOK is trading at $8.54 (-3.99%) as escalating Middle East tensions trigger a sharp broader market decline.
- Major indices are sliding, with the S&P 500 down 1.03% and NASDAQ down 1.46% following Iran's Strait of Hormuz blockade and geopolitical uncertainty.
- The move reverses yesterday's rally to $8.89, which was fueled by 5G deal momentum and analyst upgrades from Morgan Stanley and Goldman Sachs.