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