The U.S.-listed shares of Ericsson accelerated to the downside in afternoon trading Wednesday, after the Sweden-based maker of telecommunications equipment.
Nokia's preliminary results and profit warning and Ericsson's lackluster earnings and less than inspired guidance were driving those stocks lower on Friday.
By Dominic Chopping STOCKHOLM Ericsson AB on Friday posted a smaller-than-expected second-quarter net loss and said trends and market mix will likely be.