Nokia's stock plunged after the introduction of the company's two new smartphones, which run on the latest Windows 8 operating system, failed to woo investors.
The unveiling of Nokia's Lumia 920 and Lumia 820 smartphones lacked "positive surprises, carrier announcements or specific launch dates," noted Jennifer Fritzsche, senior analyst at Wells Fargo, calling the company's event Wednesday a "disappointment."
Ahead of the announcement, Fritzsche was expecting that Nokia (NOK) would announce AT&T MOREHibah Yousuf - Sep 5, 2012 2:43 PM ET
Not a member yet?Sign up now for a free account
|Tesla is going big in China|
|When should I sell my mutual funds?|
|How should I prepare financially to launch my own business?|