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Nokia Falls as CEO Warns of Challenging 2021 TheStreet 2/4/2021 © TheStreet Nokia Falls as CEO Warns of Challenging 2021 Nokia shares were lower after the telecom-equipment provider reported stronger-than-expected fourth-quarter results but warned of a challenging year ahead. We expect 2021 to be challenging, a year of transition, with meaningful headwinds due to market-share loss and price erosion in North America, Chief Executive Pekka Lundmark told Reuters. Nokia, Espoo, Finland, said it lost a part of the Verizon 5G buildout contract in the U.S. to Samsung Electronics. The company s report comes amid the trading frenzy prompted by participants on the subreddit WallStreetBets. Last week, Nokia said it saw no material reason for the 17% spike in its shares after day traders who were on Reddit decided to collectively drive up the stock.

United statesPekka lundmarkSamsung electronicsNokia fallsThestreet nokia fallsNorth americaExecutive pekka lundmarkஒன்றுபட்டது மாநிலங்களில்சாம்சங் மின்னணுவியல்நோக்கியா விழும்வடக்கு அமெரிக்கா