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Nokia Stock Update

Thursday 20 August, 2009

The NOKIA CP ADS Share price chart has displayed a drastic fall in the price of Nokia shares compared to their success in the beginning of June. On the 16th of July share prices dropped down by 3 points leading to an increased shares sale volume, after Nokia had published their 2nd quarter profit reports, which showed an astonishing 66% drop in profit. The situation remains unchanged to date with NOK share price averaging at 12.35. VERTU, being Nokia's subsidiary is experiencing all the harshness of the economic downturn as well.

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