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Why Nokia (NOK) Shares Are Rising
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Why Nokia (NOK) Shares Are Rising
Mar 3, 2025 8:08 AM

Nokia Oyj ( NOK ) shares are trading higher by 6.25% to $5.104 during Monday’s session after the company announced, along with industry leaders, an acceleration of AI-RAN development and will establish an AI-RAN center in the US.

What To Know: Nokia’s stock surged Monday following its collaboration with Lockheed Martin Corp ( LMT ) and Verizon Communications Inc ( VZ ) to integrate its military-grade 5G solutions into Lockheed's 5G.MIL® Hybrid Base Station (HBS).

Read Also: Kroger Stock Is Sliding Monday: What’s Going On?

Per a Sunday press release, this partnership advances battlefield communications by seamlessly merging commercial 5G with military networks, enhancing situational awareness and decision-making for defense operations. Nokia’s technology will ensure real-time data exchange across defense networks.

What Else: Initial integration tests took place at Verizon’s Boston Innovation Center and Lockheed Martin’s Pennsylvania and Texas facilities, demonstrating successful interoperability with existing military systems.

Plans include further integration at Lockheed Martin's ( LMT ) 5G.MIL Experimental Network site in Orlando, leveraging Nokia's ( NOK ) 5G to expand tactical communications.

Read Also: Super Micro Earnings Reveal: Legal Risks Have ‘Increased Materially’, Mystery Customer & More

How To Buy NOK Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Nokia’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, NOK has a 52-week high of $5.12 and a 52-week low of $3.29.

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