Company Performance: Nokia's financial results, including revenue, profitability, and growth prospects, significantly impact the stock price.

Industry Trends: Developments in the telecommunications industry, such as 5G deployment and competition, influence investor sentiment.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and economic growth affect overall market sentiment and investment decisions.

Investor Sentiment: Market sentiment and investor confidence in Nokia's future prospects drive buying and selling pressure.

Regulatory Environment: Government regulations and policies regarding telecommunications and technology can impact Nokia's operations.

Technological Innovation: Nokia's ability to innovate and introduce new technologies influences its competitive advantage.

Competition: The competitive landscape, including the performance of rivals like Ericsson and Huawei, affects Nokia's market share.

Global Events: Geopolitical events and global economic conditions can create uncertainty and affect investor risk appetite.

Dividend Policy: Nokia's dividend payouts and dividend yield can attract income-seeking investors and impact stock valuation.