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MikeBobulinski (26.76)

Was their report that bad?



April 22, 2010 – Comments (2) | RELATED TICKERS: NOK

NOKIA announced its quarterly results and missed the mark set by those who follow it.  They didn't lose money, they just didn't earn as much as the Street expected them to.  The result?  Pre-market holds them down by more than $2 (better than 15% off).  Ouch!

Fool on... 

2 Comments – Post Your Own

#1) On April 22, 2010 at 10:25 AM, aaplover (60.35) wrote:

report wasn't has bad as the market to things...  

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#2) On April 22, 2010 at 10:40 AM, Option1307 (30.78) wrote:

Ouch! Not a terrible quarter but not the greatest either. Probably an overreaction from wallstreet, you might be able to score a few quick Caps points the next week or so when the dust settles. However, I can't say I like the company from a long term eprspective.

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