PSA for holders
If you're a day or swing trader, stop reading.
On Oct 6, NOK started the day at $10.31 and ended at $10.92. One of their direct competitors in the AI infrastructure space, CIEN, started the day at $393 and ended at $443*.
At the time of writing this, NOK is once again "bleeding" and -3% whereas CIEN has already recovered and climbing. I'm talking intraday.
Now look at this slide from Marvell Investor Day:
$3T is roughly 10% of US GDP - just google it, seriously. And then you have this for comparison:
Going back to the share price, if you zoom out and look at CIEN between 2021 - 2025, it was mostly flat. It picked up steam half way thru 2025. Take a closer look how long it took for it to moon and "crash" (relatively speaking) for YTD.
The point I am trying to make is that if you bought NOK, do not expect to retire tomorrow/this year/next year. This is going to test your patience. If you don't have that, exit and invest in an index fund.