Cell Phone News

Nokia stock rises on handset report, leading the telecom stocks

By Stefan Constantinescu on Friday, November 24th, 2006 at 12:31 AM PST In Financial/Corporate News

Wallstreetsign

Shares of communications-equipment makers were mostly higher Wednesday, with Nokia (NYSE: NOK) Corp. rising nearly 3% thanks to a bullish report on mobile phone shipments, while shares of the largest telecommunications providers fell.

Source: Market Watch

3% in a day is a pretty serious gain. Now all the employee’s with stock options can upgrade from an Audi S4, to an Audi RS4. V8 please!

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