🔴 Nokia is trading 4.2% down today on profit-taking following its Nvidia-linked AI-RAN rally

Nokia is trading at $10.78 (down 4.2%) in pre-market, extending a multi-day pullback after the recent launch of its commercial AI-RAN platform with Nvidia.

• The stock is seeing a correction after a significant AI-driven rally triggered by the July 15 announcement of the industry’s first commercial AI-RAN solution.
• Current market weakness is attributed to ongoing profit-taking and position adjustments as investors evaluate the long-term impact of the Nvidia partnership.