🔴 NOK is trading 4.4% down today as U.S. carrier replacement risks trigger profit-taking

NOK is trading at $7.92 (-4.4%) in pre-market action as investors weigh risks from a major U.S. carrier replacing Nokia radio gear alongside the company's 2026 outlook.

• The decline follows a period of AI-networking optimism, leading to short-term profit-taking as the market digests ongoing restructuring plans.
• The downward move aligns with broader market sentiment, with S&P 500 futures trading down 0.35%.