Nokia’s stock has been making a smooth recovery since the release of the company’s Windows Phone 8 devices. Today the stock rose nearly 5% for the first time since April, finally bouncing it above $4 a share. This is due to the fact that analysts are reporting the Lumia 920 as selling well and that more stock will be available for the holiday rush.
Both Amazon Wireless and AT&T now have more stock available for handsets that have been listed as out of stock for several weeks now. As we move into holiday sales and on into the new year, sales are expected to continue to be strong, so Nokia’s stock has the potential to recover even further.