Ericsson

MRKR Stock
Equity Analysis

Ericsson (ERIC): Big Gain Potential In Play

Telaktiebolaget LM Ericsson announced earnings that beat analysts’ forecasts in the fourth quarter. Upon receiving the news, investors became bullish predictions. This resulted in a greater than 7% increase in the price of the shares on January 29. ERIC was trading at $12.75 at the