Nokia's (NOK) Lumia Sales Show Promise, But That's It - Canaccord Genuity
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/23/2024
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Strong Nokia (NOK) Lumia Sales are All Smoke and Mirrors - Analyst
November 29, 2012 11:36 AM ESTShares of Nokia (NYSE: NOK) have been on fire of late as early sales of Lumia are seemingly strong and investors sentiment is improving. However, one analyst is out today throwing cold water on the new-found enthusiasm.
Deutsche Bank analyst Kai Korschelt said recent press reports on Lumia stock-outs are "misleading." The firm's retail and industry research indicates these initial stock-outs are caused by limited device supply, rather than overwhelming... More
