Ericsson Jumping On Unexpected Q2 Operating Profit
Shares of Ericsson (ERIC) are seeing considerable strength in afternoon trading on Wednesday, jumping by 9.1 percent. Earlier in the session, Ericsson reached its best intraday level in two years.
The advance by Ericsson comes after the Swedish telecom equipment maker reported an unexpected second quarter operating profit.
by RTTNews Staff Writer
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