Nokia Takes It to the Bank

Even on a day when the stock market was notably down, Nokia still substantially underperformed its peers, falling as much as 5% in trading today. Things haven't been looking good for the onetime telecom leader, whichj was downgraded earlier this year to junk bond status. The company has to secure additional financing by using convertible bonds, as it attempts to come back in a difficult technology market. See more in the following video.

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