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Ericsson ends up on the wrong side of memory-chip price spike. The stock slumps.
Bullish
78.0
−100 Bearish
0
+100 Bullish
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.
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Article Info
Sentiment Signal
Bullish
78.0
−100Neutral+100
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