Nokia, telecom stocks tumble on wireless weakness

Posted on January 22, 2009 at 13:22 PM EST

WASHINGTON (MarketWatch) - Shares of the world's top wireless-phone maker, Finland's Nokia Corp., sank more than 11% Thursday after issuing weak quarterly results and a dour forecast for 2009, sending most telecommunications stocks lower.

Related Stocks:

AT&T Alcatel-Lucent ADS Ericsson Telephone Company Nokia Corp. ADS Sprint Nextel Verizon Communications, Inc.

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