The U.S.-listed shares of Ericsson surged 7.2% toward a one-month high in premarket trading Thursday, after the Sweden-based communications services company...
The U.S.-listed shares of Ericsson ERIC SE:ERIC.B surged 7.2% toward a one-month high in premarket trading Thursday, after the Sweden-based communications services company said it will record a SEK2.3 billion charge for a potential resolution with the U.S. Department of Justice regarding alleged breaches under its 2019 Deferred Prosecution Agreement .
2% toward a one-month high in premarket trading Thursday, after the Sweden-based communications services company said it will record a SEK2.3 billion charge for a potential resolution with the U.S. Department of Justice regarding alleged breaches under its 2019 Deferred Prosecution Agreement . The company said it believes the charge, which will be booked in fourth-quarter results, is a “sufficiently reliable estimate” of the penalty associated with any breach resolution.
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