Nokia (NOK) Trades Strong; Energized by Sector News, Euro Support (S) (AAPL) (VZ)

July 27, 2012 11:04 AM EDT Send to a Friend
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Nokia Corp. (NYSE: NOK) shares are seeing some positive action Friday, continuing what would appear to be formation of a streak.

Earlier, UBS upgraded U.S. carrier Sprint (NYSE: S) from Neutral to Buy, sending that stock markedly higher today.

In addition, equipment maker Clearwire (Nasdq: CLWR) issued a second quarter earnings beat Thursday night, with strong guidance to boot.

What's that you say? Activations of Apple's (Nasdaq: AAPL) iPhone came in below views at AT&T (NYSE: T) and Verizon (NYSE: VZ)? Does that mean consumers are finally moving away from the world's leading smartphone and mobile OS? (Editor's note: No, it doesn't.)

Coupled with supporting comments from Germany, the ECB, and France for the euro and you've got a melting pot of good news.

Nokia stock is about 6 percent better on the session, with a win today putting the number of up days at three for the Finnish mobile OEM giant.


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