Smartphone Wars Wound Samsung as Nokia Rallies: Chart of the Day
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Nokia Oyj has found the easiest way to win the smartphone industry’s game of thrones is to quit playing altogether.
The CHART OF THE DAY shows Nokia’s shares have surged 97 percent since Sept. 2, the day before the Espoo, Finland-based company announced the sale of its mobile-phone business to Microsoft Corp. for $7.2 billion. The stock outperformed former mobile rivals Samsung Electronics Co., Apple Inc., BlackBerry Ltd. and HTC Corp. during the period.