5 of the Biggest Free Falls Since Fall

Plummeting Groupon has some inglorious company

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Nokia (-75% since Oct. 28)

NokiaLogo e1287009011204 5 of the Biggest Free Falls Since FallFinnish outfit Nokia (NYSE:NOK) has followed essentially the same playbook as RIMM — namely, a lack of innovation has led to a smooth decline, with NOK shares losing three-quarters of their value since late last October.

The only good news for Nokia is that it struck a major deal with Microsoft (NASDAQ:MSFT), which will provide access to much-needed cash to keep the company afloat. But without any truly competitive handsets, the prospects for growth are virtually nil.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/5-of-the-biggest-free-falls-since-fall/.

©2014 InvestorPlace Media, LLC

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