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Downcycle not over Nokia, Ericsson shares fall after downgrades by Barclays

Barclays cut Nokia and Ericsson to underweight from equalweight on Friday, saying their struggling radio access networks are in trouble.

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FTSE 100 higher despite sharper-than-expected drop in U K December retail sales

British retailers saw their sales drop more sharply in December than in any month since January 2021

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Nokia, Ericsson Stocks Slump - MarketWatch

Barclays analyst cut ratings on shares of Nokia and Ericsson to Underweight and slashed estimates.

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Sell Nokia Stock, Citi Says It Remains a Value Trap

Finnish equipment supplier Nokia has weathered punch after punch lately, and its stock just caught another, with a downgrade from Citi.

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Nokia Cuts Long-Term Margin Guidance Blame AT&T and Ericsson

Nokia cut its long-term operating margin guidance Tuesday as the fallout of AT&T’s contract snub continued to hit the telecom equipment maker.

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