On September 15, Nokia Oyj rose 3.11% in pre-market trading, trading at $9.95/share, with turnover of approximately $5.35 million. The rebound follows a sharp 13.3% single-day decline in the prior session triggered by a broader selloff in the optical communications sector.

On the news front, the previous session's plunge was driven by three major AI companies jointly calling for a slowdown in frontier model development, sparking fears of reduced capital expenditure on computing infrastructure. Optical communication stocks bore the brunt, with Nokia, Corning, and Coherent each falling over 10%. Multiple analysts noted the statements remain at a verbal level with no actual capex cuts or order reductions confirmed, suggesting the selloff was overextended.

Supporting the rebound, Nokia announced that ESpanix, Spain's largest internet exchange point, has formally deployed Nokia's AI-driven Deepfield Defender cybersecurity solution to protect its exchange platform from DDoS attacks. JPMorgan analyst Sandeep Deshpande also maintained a Buy rating on Nokia with a $21 target price. Meanwhile, options market activity showed notable bullish positioning, including a $248,900 far-dated out-of-the-money call purchase and multiple bull call spread structures.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)