After initial sell-off Nokia shares stage good recovery, continue to hold investor confidence


We were somewhat concerned, even on the 16th, that Nokia’s shared would take a beating for simply meeting their own guidance.

After growing Lumia sales 32%, Nokia’s shares did dip nearly 5% in early trading, but it seems for every investor eager to rid themselves of Nokia shares there were many more ready to snap up pieces of the company and its vision, and the shares in the end closed down less than 1/4 of a percent.

Nokia has guided that they expects sales in their phone division to grow in the next quarter, but could not be as clear as in the last quarter by how much, so things may be a lot more volatile in 3 months time, but it is clear on this occasion Nokia has emerged relatively unscathed from their Q2 2013 earnings release.

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