Thread regarding Nokia Corp. layoffs

The Altman Z-Score

https://investorplace.com/2020/01/nokia-has-momentum-early-in-2020-but-is-it-a-buy/
According to Gurufocus.com, Nokia’s current Altman Z-Score is 1.15, which suggests it is in financial distress. By comparison, Nokia’s best Z-score over the past 10 years is 21.69, seven times the minimum score needed to be considered safe from bankruptcy.

by
| 781 views | | 2 replies (last )
Post ID: @OP+134gKN6V

2 replies (most recent on top)

Yep. See Techspot.com
Nokia reportedly exploring strategic options ranging from sale of assets to mergers ....

by
|
Post ID: @Fhfg+134gKN6V

Thank you for sharing! Yep; familiar with Altman Z and a score below 1.8 suggests company is heading towards bankruptcy.
Check if corporate officers selling their shares.

by
|
Post ID: @8kwb+134gKN6V

Post a reply

: