However, even though it is a very simple transaction to make, it is highly recommended that before trading on the stock exchange, you research as much information as possible about this company.That’s why below, we’ll show you all the information regarding the technology company of all time and, you’ll also find out how to invest in Nokia and even how much a Nokia share is worth.
Nokia or also known as Nokia Corporation, is a multinational technology company that was founded in 1865. It is made up of two groups called Nokia Networks and Nokia Technologies, and is headquartered in Espoo, Finland.Nokia Networks Group manufactures infrastructure for mobile telephony and other telecommunications equipment. It works in more than 150 countries, some of the equipment is applied in professional mobile radio, broadband Internet access, traditional voice telephony and many more.The Nokia Technologies subdivision is responsible for developing and licensing all of the company’s technology. It is composed of three different laboratories:
The total Nokia capitalization as of 2017 was just over 28.5 billion euros. Nokia is currently listed on the stock exchange within the Euronext Paris market under the ticker symbol A. Nokia’s listing is also found within NYSE market and Helsinki stock exchange under the symbol NOKIA.Moreover, Nokia shares are also listed on the Nasdaq stock exchange under the abbreviation NOK. Nokia shares are included in the French stock market index CAC 40, giving the company a position among the 40 companies with the largest market capitalization.All of the above data is of great interest if you want to buy Nokia shares, but it is also important to know that the company has had some tough times in terms of its economy.Some time ago they were only in charge of manufacturing cell phones, this helped them to obtain the leadership in the market from 1998 to 2011. Then it was stagnated in the market, due to the new emergence of smartphones.As a result, it was forced to close some of its activities in Romania. A year later, it also had to terminate its activities in production centers located in Canada, Germany and Finland. So, in order to readjust in the smartphone market, it signed an alliance with Microsoft Corporation. In order to include the Windows Phone operating system in its new creations.Buying Nokia shares: Advantages
Buying Nokia shares: Disadvantages
Although there are several ways to buy a Nokia stock, the simplest and most cost-effective way is to use a stock broker. These online platforms help you to trade within the stock market without applying much effort. The most important thing is to choose the most suitable and reliable one to invest your money.The most common ones for investing in stocks are: Plus500, Admiral Markets, IQ Option, Interactive Brokers, eToro, XTB and AvaTrade. Each one suits your needs, but in case you are a beginner we would recommend you to use eToro.The eToro broker is totally secure and has an interface that is quite easy to use, it also allows you to choose between several trading methods. So, if you don’t know how to buy Nokia through this broker, we will explain it to you below: