Nokia Corp is trading 4.1% up at $14.97 in pre-market as the U.S. presses NATO allies to remove Huawei equipment from critical infrastructure.

  • The stock is rebounding after a sharp 13.5% drop in the previous session.
  • Headlines regarding the removal of Huawei equipment could benefit alternative telecom vendors like Nokia.
  • Broader equity futures are also higher, adding a supportive risk-on backdrop to the pre-market recovery.