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Is Nokian Renkaat Oyj (HLSE:TYRES) Fully Valued After Its New Hakkapeliitta 01 Launch?
Nokian Renkaat Oyj (HLSE:TYRES) just linked product history with fresh technology as it marked 90 years of Hakkapeliitta winter tires and rolled out the new Hakkapeliitta 01 with adaptive studs.
The product milestone lands after a powerful run in Nokian Renkaat Oyj’s shares, with a 90-day share price return of 32.53% and a year-to-date gain of 65.91%. The 1-year total shareholder return of 105.11% contrasts with a 5-year total shareholder return that is down 33.88%, suggesting momentum has...