Ericsson ends up on the wrong side of memory-chip price spike. The stock slumps.
First publishedJul 14, 10:19 UTC
Last updatedJul 14, 11:16 UTC · 9m ago
1 outlets over time — hover a bar for its window & outletslast updated
Answer
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.
Reported by 1 outlet — MarketWatch. See all sources ↓
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In brief
- What's the story?
- 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.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 9m ago.
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Ericsson ends up on the wrong side of memory-chip price spike. The stock slumps.
Sources1TypeCoverageMarketWatch
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Sources (1)
Avg source rating 7.0/10Processing cluster
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