Gaining 26% This Year, Will Ericsson Stock Rally Any Further?
Ericsson(ERIC) Forbes·2024-09-30 13:00INDIA - 2024/09/16: In this photo illustration, an Ericsson logo seen displayed on a smartphone and ... [+] in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Ericsson stock (NASDAQ: ERIC) has increased by about 26% year-to-date, outperforming the broader indices. Ericsson posted better-than-expected Q2 results, with revenue declining 7% but beating expectations, driven by a 5G licensing deal that boosted revenue and margi ...