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Retail Sentiment Soars After Nvidia’s $1B Nokia Bet Pumps Shares 25% (NOK, NVDA)
Yahoo Finance·2025-10-30 04:01

Pascal Giessler / Wikimedia Commons Shares of Nokia (NASDAQ: NOK) surged 25% yesterday after Nvidia (NASDAQ: NVDA) announced a 1billionstrategicinvestmenttoaccelerateAIpowered6Ginfrastructuredevelopment.Thestockrocketedfrom1 billion strategic investment to accelerate AI-powered 6G infrastructure development. The stock rocketed from 6.41 to an intraday high of 8.19onextraordinaryvolume,122.7millionsharestradedatpeak,roughly10timesnormaldailyflow.Buttoday,Nokiahaspulledbackto8.19 on extraordinary volume, 122.7 million shares traded at peak, roughly 10 times normal daily flow. But today, Nokia has pulled back to 7.36, shedding 7.7% from its peak while still holding a 15% gain from pre-announcement levels. The m ...