Nokia Moves Up on Big-Screen Smartphone Chatter and 2 More Heavily Traded Stocks to Follow
Nokia Corp. (NYSE:NOK): Current price $4.11
Nokia shares are up by almost 2 percent Thursday on chatter that the firm might introduce smartphones with screens larger than 5 inches next month. The company is planning to introduce the new phones as a remake of its Lumia line of handsets in a gambit to entice customers away from competitor Samsung Electronics (SSNLF.PK), which has taken much of the market for phone-tablet hybrid devices. Sources told Reuters that Nokia will announce the new devices in September in New York.