Current Analysis: Telefonaktiebolaget L M Ericsson
June 03, 2024 at 21:40 PM EDT
Ericsson (ERIC) provides telecom equipment and services that are primarily used to build and facilitate mobile networks. Over the past year, Ericsson's share price grew just about 21.6% from $5.15 to $6.26 as of Monday’s market close.
