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.
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.