After A Rare 12% Drop Last Month, Is Ericsson Stock Set To Bounce?

After A Rare 12% Drop Last Month, Is Ericsson Stock Set To Bounce?

Ericsson stock is down 12% in just one month (21 trading days), completely underperforming the S&P 500 which was up just a little over 3%. If you look at the change over the last five and ten days, too, the stock has returned -6.5% and -8.3%, respectively, thus having underperformed the market on…