Telefonaktiebolaget LM Ericsson B is trading 4.1% down today at $12.80 as broader pressure on growth and tech stocks weighs on the share price while major indices slide.
- The move gives back a portion of the stock's strong multi-week rally, with shares now underperforming their recent 7-day range.
- There is no fresh company-specific news or new analyst action on Ericsson this morning clearly linked to today’s decline.