Nokia Oyj shares fell nearly 4% in Helsinki on Wednesday, ending the day at 5.65 euros. The stock ranked among the top losers on the blue-chip OMX Helsinki 25 index.
Nokia Oyj stock has quietly turned into one of 2025’s more interesting transformation stories. After a strong rally earlier in the year – helped by a big AI push, a $1 billion strategic investment from NVIDIA, and improving credit quality – the shares have recently pulled back, leaving investors wondering what comes next for NOK stock.