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It's down 7.8% this morning (pre-market), so you may be right.

• dagw 16y ago
  Currently down -8.9%, with a massive spike in trading volume, on the Finnish and Swedish stock markets after a few hours of trading. However it opened more than 10% down so it's picked up a bit during trading
  • borism 16y ago
    it haven't picked-up one bit, now down -13%.
    • dagw 16y ago
      Looked like it might stabilize around lunch, but closed down almost 15%!. Market definitely not liking this deal.
• narag 16y ago
  Layoffs have been announced. Sorry, I only have a reference from a spanish newspaper: http://www.elmundo.es/elmundo/2011/02/11/economia/1297426004.html http://www.elmundo.es/elmundo/2011/02/11/economia/1297426004... Not only in Finland, but world wide. Edit, from the same source, quoting Nokia's CEO: the reduction will be "substantial".
  • borism 16y ago
    usually stocks go up when layoffs are announced...