Core Viewpoint - Nokia Corporation plans to delist its shares from the Euronext Paris stock exchange while maintaining listings on Nasdaq Helsinki and the New York Stock Exchange [1][2] Group 1: Delisting Plans - The decision to delist from Euronext Paris follows a review of trading volumes, costs, and administrative requirements associated with the Paris listing [2] - The delisting is expected to take effect within the next three months, pending approval from Euronext Paris's Board [2] Group 2: Share Performance - Nokia's shares on the NYSE have seen a significant increase, surging 44.4% over the past month, closing at $7.15 on Monday [3] - Nvidia Corp. has agreed to invest $1 billion for a 2.9% stake in Nokia, valuing the shares at $6.01 each [3] - Following this investment, Jefferies analyst Janardan Menon upgraded Nokia's rating from Hold to Buy [3] Group 3: Legal Developments - Nokia has filed a lawsuit against Warner Bros. Discovery, alleging infringement of its video encoding and decoding patents related to streaming services [4]
Nokia To Delist From Paris Stock Exchange - NVIDIA (NASDAQ:NVDA), Nokia (NYSE:NOK)