How Will Nokia (NOK) Stock Be Affected By Its New Smartphone Launch Today?

NEW YORK (TheStreet) -- Nokia (NOK) shares are down -1.8% to $7.75 on Tuesday following the launch of the Microsoft's (MSFT) new Android-based smartphone, the X2.

The handset is part of the Nokia X line of handsets that were in the production pipeline before the Finnish company's sale of most of its smartphone business to Microsoft earlier this year.

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