Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade

Ericsson (ERIC) closed the latest trading day at $5.08, indicating a -1.93% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.11%. At the same time, the Dow added 0.8%, and the tech-heavy Nasdaq gained 1.24%.Heading into today, shares of the telecommunications equipment provider had lost 7.17% over the past month, lagging the Computer and Technology sector's gain of 0.85% and the S&P 500's gain of 0.48% in that time.Investors will be eagerly watching f ...