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Pompano Beach, FL -- (SBWIRE) -- 02/01/2013 -- Finnish cellular giant Nokia Inc. (NYSE:NOK) is managing a group of firms that have supposedly got a $1.35 billion donation from the European Union for the Future and Emerging Technologies to create the “strongest material ever tested”.
How Should Investors Trade NOK Now? Don’t Miss out a Special Trend Analysis
A declaration in Tom's Hardware reported that Graphene is a class 2D structure estimating just one atom thick and is the toughest material ever made, having 300 times the toughness of steel. It's also one of the lightest conductors existing.
Tapani Ryhanen, Nokia's chief of the Sensor and Material Technologies Laboratory, is enthusiastic regarding the possibility of grapheme as a replacement to silicon that started off the digital revolution. When we articulate regarding graphene, we have hit a rolling point.
At the current trading session, Nokia Corporation (ADR) (NYSE:NOK) shares are up +2.81% to $4.03 while the stocks are trading within the range of $3.97 – $4.05. In the past year, the stock has traded within a range of $1.63 – $5.87. Average daily trading volume is 71.53 million shares.
Will NOK Continue To Move Higher? Find Out Here
If we look at a few other stocks within industry, TeleCommunication Systems, Inc., Ciena Corporation and Infinera Corp. are in the gainers list. Let’s have a quick look on their Market performance.
TeleCommunication Systems, Inc. (NASDAQ:TSYS) shares are up +5.75% to $2.39 while the stock is trading within the range of $2.36 – $2.56 in the current trading session. In the last 12 months the shares have traded between $1.10 and $3.09. The average daily trading volume is 252,473 shares.
What was the Moving Force behind TSYS On Bullish Run? Read This Research Report
Ciena Corporation (NASDAQ:CIEN) shares in the current session moved up +1.84% reaching $15.95. The stocks are trading in a range of $15.69 – $15.97. In the last year the stock has moved within a range of $11.44 – $18.39. The Company’s average daily trading volume is 3.62 million shares.
For How Long CIEN will Fight for Profitability? Read This Trend Analysis report
Another rival company, Infinera Corp. (NASDAQ:INFN), is trading up +1.54% to $7.24. Intraday trading recorded the stock price in a range of $7.13 to $7.28. In the previous 52 weeks the stock’s price ranged between $4.32 and $8.90. Their average daily trading volume is 877,316 shares.
Why Should Investors Buy INFN After The Recent Gain? Just Go Here and Find Out
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