Reuters: Global Markets: Nokia shares fall 3 percent, go below 1.50 euros

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Nokia shares fall 3 percent, go below 1.50 euros Jul 9th 2012, 09:31 Tweet Share this Email Print Related News Samsung loses bid to lift ban on U.S. tablet sales Tue, Jul 3 2012 Apple scores second legal win vs Samsung in a week Fri, Jun 29 2012 Analysis & Opinion Nokia retains the power to shock Related Topics Tech » Hot Stocks » Asian Markets » Illustration picture shows Nokia logo on used cell phones, in Zurich, April 30, 2012. Credit: Reuters/Christian Hartmann HELSINKI | Mon Jul 9, 2012 5:31am EDT HELSINKI (Reuters) - Shares in Nokia fell over 3 percent on Monday to go below 1.50 euros for the first time since 1996, showing growing investor fears over the Finnish mobile phonemaker's future. The shares were trading at 1.49 euros by 5.25 a.m. EDT. Last month, the company announced a new round of job cuts and warned of weaker profit as it continued to lose market share to rivals including Apple and Samsung. (Reporting by Ritsuko Ando; Editing by Dan Lalor) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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