Archive · 23 Jul 2025

Nokia Shares Tumble After Profit Outlook Cut

Nokia Shares Tumble After Profit Outlook Cut

Nokia, a company that makes phone equipment, said it won't make as much money as they thought.

This made their stock price go down.

They blame the US dollar's value changing and tariffs, which are extra costs on goods.

They expect to lose a lot of money because of these.

Experts say that while this is bad news, it is not as bad as if their products weren't selling well.

Sources