Ericsson Stock Looks Set To Bounce Back Strongly After A 30% Drop Last Month

Forbes

Ericsson stock (NASDAQ: ERIC) is down almost 30% in the past month (21 trading days), massively underperforming the S&P 500 which was down around 3% over this period. ERIC’s most recent FY ’21 earnings saw revenue unchanged at $24.7 billion from FY ’20.