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NASDAQ: ERICEricsson Lm Telephone co (ERIC) stock, explained like you're 5
Ericsson Lm Telephone co trades on the Nasdaq under the ticker ERIC. It is a large cap company in the radio and television broadcasting and communications equipment industry, part of the technology sector, with a market value of about 32.2 billion dollars.
- Ticker
- ERIC
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Radio And Television Broadcasting And Communications Equipment
- Size
- Large cap, about 32.2 billion dollars
Is Ericsson Lm Telephone co a small, medium or large cap company?
Yes. Ericsson Lm Telephone co is a large cap stock. Its market cap, which is the total value of all its shares, is about 32.2 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Ericsson Lm Telephone co makes money
- Selling software, hardware or cloud services, often as a subscription.
- Charging businesses and consumers for products they use every day.
- Licensing its technology and selling related services.
What moves ERIC stock
- How fast sales are growing, especially in cloud and AI.
- New product launches and customer wins.
- Competition, regulation and how much the company spends on research.
In the news lately
- Why Ericsson Stock Soared Today (Yahoo Finance)
- Why Telefonaktiebolaget LM Ericsson (ERIC) Stock Is Up Today (Quiver Quantitative)
- Ericsson (NASDAQ:ERIC) Stock Moved Up to Buy by Wall Street Zen (MarketBeat)
- Biggest stock movers Thursday: PAG, RKLB, ERIC, SKHY, and more (Seeking Alpha)
- Why Are Ericsson Shares Surging on Thursday? (Benzinga)
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Questions about Ericsson Lm Telephone co stock
What does Ericsson Lm Telephone co do?
Ericsson Lm Telephone co trades on the Nasdaq under the ticker ERIC. It is a large cap company in the radio and television broadcasting and communications equipment industry, part of the technology sector, with a market value of about 32.2 billion dollars.
What is the ticker symbol for Ericsson Lm Telephone co?
Ericsson Lm Telephone co trades under the ticker ERIC on the Nasdaq.
What is Ericsson Lm Telephone co's market cap?
Ericsson Lm Telephone co is a large cap stock with a market cap of about 32.2 billion dollars.
How does Ericsson Lm Telephone co make money?
Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.
What moves ERIC stock?
How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.
How can I follow ERIC stock every day?
Add ERIC to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
