Ericsson Stock Sinks on Warning US Tariffs Would Significantly Hurt Business
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Ericsson's stock dropped 11% after missing profit estimates and warning that potential US tariffs could significantly impact future results.
January 24, 2025 | 5:00 pm
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Ericsson's stock fell 11% due to missed profit estimates and a warning about the impact of potential US tariffs on its business.
The stock price of Ericsson dropped significantly due to a combination of missed profit estimates and a warning about the potential impact of US tariffs. This indicates a negative short-term outlook as investors react to these concerns.
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