Retail Sentiment Soars After Nvidia’s $1B Nokia Bet Pumps Shares 25% (NOK, NVDA)

Pascal Giessler / Wikimedia Commons Shares of Nokia (NASDAQ: NOK) surged 25% yesterday after Nvidia (NASDAQ: NVDA) announced a $1 billion strategic investment to accelerate AI-powered 6G infrastructure development. The stock rocketed from $6.41 to an intraday high of $8.19 on extraordinary volume, 122.7 million shares traded at peak, roughly 10 times normal daily flow. But today, Nokia has pulled back to $7.36, shedding 7.7% from its peak while still holding a 15% gain from pre-announcement levels. The m ...