NOK/ILS Price & Performance (NOKILS)

Electric vehicle maker Nikola Corporation is set to be delisted from Nasdaq on February 26, 2025, following its Chapter 11 bankruptcy filing. The company, grappling with significant financial challenges, plans to auction its assets while maintaining limited operations. Nikola's stock has plummeted 98% over the past year.123

Nokia Corporation has repurchased over 3.7 million shares as part of its €900 million buyback program. This move aims to counteract share dilution from its acquisition of Infinera Corporation. The program, initiated in November 2024, is set to conclude by December 2025, showcasing Nokia's commitment to shareholder value.45

Viavi Solutions Inc. has emerged as a stronger optical tech stock compared to Lumentum Holdings. While Viavi's revenue and earnings have shown growth, Lumentum reported losses in its latest quarter. Analysts expect Viavi's financial performance to continue improving, making it a favorable choice in the sector.6