Nokia opened lower – according to Citi’s analyst, Ericsson is now better positioned in the market

Nokia’s share price has been falling on the stock exchange. The company’s July-September results were weaker than expected.

After a few minutes of trading, Nokia’s share price was down 3.1 percent at 3.9210 euros.

According to Citi’s quick analysis, Nokia is now losing market share.

“Nokia’s performance was encouraging, but Ericsson is currently better positioned in the market.”

In Morgan Stanley’s analysis, it is pointed out that the turnover is recovering more slowly than expected and the forecast for the operating result was lowered. Morgan Stanley anticipates pressure on the share price.