Nokia Corporation

Nokia Corporation is a multinational telecommunications, information technology, and consumer electronics company headquartered in Finland. This is also one of the cheapest stocks on Robinhood.

Nokia Corporation (NYSE: NOK) was one of the more impressive rebound stories following the March sell-off. However, things quickly unraveled at the end of August. Last week, the penny stock fell from more than $5 to below $3.50.

Nokia, on the other hand, has remained one of the most popular penny stocks on Robinhood. Is it because there are few stocks under $1-$5 involved in 5G, or is it another case of investing in a "popular name"? Investors must deal with the when regardless of the why.

Website: www.nokia.com

Market cap: $32.26 B