On July 22, Nokia Oyj fell 3.53% in regular trading, trading at $10.385/share, with turnover of $94.49 million. The decline was primarily driven by broad weakness across the communication equipment sector and profit-taking ahead of the company's second-quarter earnings report scheduled for July 23.

On the sector front, Applied Optoelectronics fell 2.41% and Lumentum declined 0.36%, reflecting notable sector-wide pressure. Nokia Oyj had previously rallied strongly, gaining 5.46% in the prior session and an additional 4.15% after hours, following a cumulative decline of approximately 19.5% in the preceding week. The current pullback appears to reflect positioning adjustments by investors locking in gains before the earnings release.

Market consensus expects Nokia Oyj to report earnings per share of $0.07 for Q2, representing year-over-year improvement. The company recently launched a commercial AI-RAN platform in partnership with NVIDIA, targeting over 20% spectral efficiency gains with a subscription-based software model, scheduled for pilot deployment later this year.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)