See my other comment in this subthread: it rose a bit, then sunk a whole lot. That it's up from its nadir $1.71 a bit more than a year ago is cold comfort when it was doing around $9 3 years ago summer through spring 2011.

First sentence of the article:

"...Chief Executive Officer Stephen Elop, who has presided over a 62 percent decline in market value..."

Nokia is like a ship with a hole in it, and Elop's job is to get it pointed in the right direction.

Except he hasn't. He's just bailed water a little faster, and slightly reduced the sink rate.

I give them credit for doing something daring and different (betting on Windows when they knew noone else would). It was a big gamble, though, and at least so far, it hasn't paid off. Android would have been a far safer bet in the short-term at the very least.

That's why I gave an overview of the behavior starting with him becoming CEO. He got a couple of quarters of flat stock prices, perhaps suggesting investors were giving him a chance to show he was turning it around, and after that it's essentially all downhill.

Look at the last 5 years, you can't really paint it as hopeful right now: http://finance.yahoo.com/echarts?s=NOK+Interactive#symbol=no...

At the time of his arrival, Nokia was a stagnating dinosaur, with a tiny bit of hope in an innovative operating system that was mismanaged, buggy, and couldn't ship on time. Elop accidentally announced that they were discontinuing support on horrible Symbian, which was at the time the most popular smartphone operating system in the world, and turned Nokia into a desperately sinking ship.

Elop wasn't the worst CEO possible, but he was the worst CEO available.