NOK is trading at $12.99 (+5.2%) as the stock rebounds from yesterday's sell-off, reclaiming momentum following its 5G partnership with Lockheed Martin and the U.S. Department of Defense.
- The recovery follows a -6.37% profit-taking sell-off on May 7, reflecting growing investor confidence in Nokia's strategic positioning within the defense sector.
- Broader market strength in technology stocks is providing additional tailwinds, with the NASDAQ gaining 1.36% today.