Nokia Oyj's stock experienced a significant pre-market plunge of 6.38% on Tuesday, extending a recent pattern of weakness for the telecommunications equipment maker.

According to market analysis, the downturn follows earlier gains driven by news of an expanded partnership with Google Cloud to integrate Gemini AI models into Nokia's network software suite. However, this positive catalyst was rapidly digested within the trading session. With the stock having reached a peak earlier in the month and previously accumulated bullish factors already priced in, profit-taking pressure resumed in pre-market trading as sellers dominated short-term momentum.

This movement extends the pattern of rallies being sold into, as investors take profits following the recent AI-related partnership news that initially provided a bullish catalyst for the stock.