Nokia CEO Stephen Elop and several board members bought more than one million shares of company stock last week according to WSJ. The purchases underscore their commitment to Nokia and its future. Last week, the stock price was as low as $1.70. It’s up to $2.41 at the time of publishing this post.
Stephen Elop now holds 425,000 shares of Nokia, while Chairman Risto Siilasmaa holds 732,592 shares.
We don’t know why Nokia’s stock is going up, but we are glad that it is.
Photo by Wired
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