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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

10/25/16 at 1:06 PM CDT

 

 

READ: 5

RPLY: 1

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Sentiment:

Neutral

One thought on Nokia's sahre price

Nokia's 52 week high is $7.68.  It has lost $2.70 per share since hitting that high.  That amounts to $15.49B in lost market cap, virtually the price Nokia paid for ALU.  It is like this acquisition has zero value.  This is one f@cked up market.

On a more encouraging note, looks like the Franch court has cleared the way for Nokia to complete the ALU purchase:

finance.yahoo.com/ne...4.html

 

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