Nokia is trading 4.27% up at €9.28, after rebounding from its August 18, 2026 close of €8.90 as broader market strength appears to drive the move.
- The Nasdaq Composite and Dow Jones Industrial Average are each up 0.53%.
- Nokia plans to close most mainland China sites by year-end as its China business shrinks, including its Hangzhou facility, affecting 1,600 employees.
- Reporting does not directly attribute the gain to the restructuring.