Ericsson shares on Tuesday saw their worst reaction to earnings in nearly three years after the telecom-equipment maker revealed that rising component costs were eating away at margins — likely the huge surge in memory-chip prices.
Ericsson shares on Tuesday saw their worst reaction to earnings in nearly three years after the telecom-equipment maker revealed that rising component costs were eating away at margins — likely the huge surge in memory-chip prices.
<iframe src="https://statesidedaily.com/embed/cluster/c5f66266bacb1308b238fe96c372b553359ea4af" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Ericsson ends up on the wrong side of memory-chip price spike. The stock slumps."></iframe>
