NOK Lost 6.1% In A Day. Past Slides Turned Into Crashes.
- In Dot-Com Bubble, Nokia stock declined 79% vs 37% for S&P 500. During global financial crisis, it dropped 79% compared to the S&P 500’s 57%.
- Following the Dot-Com Bubble, the stock has not yet recovered to its pre-crisis peak, whereas the S&P 500 recovered in 69 months. In the global financial crisis, the stock has not yet recovered to its pre-crisis peak, whereas the S&P 500 recovered in 49 months.
Nokia Stock Performance In Market Crashes:
| NOK | S&P 500 | |
|---|---|---|
| Dot-Com Bubble | ||
| % Change from Pre-Recession Peak | -79% | -37% |
| # of Months for Full Recovery | Yet to Recover | 69 |
| Global Financial Crisis | ||
| % Change from Pre-Recession Peak | -79% | -57% |
| # of Months for Full Recovery | Yet to Recover | 49 |
| 2018 Correction | ||
| % Change from Pre-Recession Peak | -49% | -20% |
| # of Months for Full Recovery | Yet to Recover | 4 |
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -45% | -34% |
| # of Months for Full Recovery | 3 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -54% | -25% |
| # of Months for Full Recovery | Yet to Recover | 15 |
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