On September 9, Nokia Oyj rose 3.1% overnight, trading at $10.98 per share, with turnover of $3.9448 million. Multiple catalysts converged to drive the stock higher.

On September 8, Nokia announced the launch of Mobile Core Early Access, an industry-first live hosted end-to-end environment designed to allow global telecom operators and enterprises to evaluate the latest mobile core network capabilities and use cases alongside wireless and terminal devices before committing to deployment. Initially introduced in June to a select group of 30 companies, the platform is now open to the broader global industry, positioning Nokia at the forefront of AI-era network innovation.

Meanwhile, Nokia has been confirmed to rejoin the Euro STOXX 50 index on September 21, replacing Volkswagen, following the annual review by index compiler Stoxx. As the inclusion date approaches, expectations for passive fund inflows continue to build. Additionally, Morgan Stanley previously raised its European target price on Nokia from EUR 4.2 to EUR 6.5, upgrading the stock from Hold to Overweight, reinforcing bullish institutional sentiment.

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