Nokia (NOK) is an established cellular phone producer. In 2007 the stock soared up to almost $40 per share, and the company was the largest cell phone producer in the world. However, as Apple (AAPL) and Google (GOOGL) both entered the cellular devices market, producing smart phones, Nokia lost ground. By February 2009, the stock price dipped below $10, as the iPhone and Android devices gained tremendous popularity.
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Raise The Bar, Raise The Flag
It's a curious thing... the impact of economics on societal progress. For instance, understanding macro models allows the masses to understand economic growth, and how to facilitate or stymie it. Likewise, microeconomics provides the populace with insight into how people make seemingly rational choices at the individual level.
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Tesla Uncoils For A Momentous Ride
Tesla (TSLA) is a revolutionary electric car company based out of Palo Alto, California. The company was founded, and is now overseen, by billionaire entrepreneur Elon Musk. Tesla’s stock has grown by 600% over the past year, but has also been quite volatile. Interestingly, Tesla’s product portfolio contains only a single car: the Model S.
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