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LM's trading volume drops 31.13% ranking 499th as Ericsson restructures for efficiency

Generated by AI AgentAinvest Market Brief

Friday, Apr 11, 2025 7:57 pm ET1min read

On April 11, 2025, LM's trading volume was 2.08 billion, a decrease of 31.13% from the previous day, ranking 499th in the day's stock market trading volume. EricssonERIC-- (ERIC) rose by 2.53%.

Ericsson has announced a consolidation of its global operating structure, merging the three regions of Europe and Latin America, North America, and the Middle East and Africa into two market segments: the Americas and Europe, the Middle East, and Africa. This restructuring aims to streamline operations and enhance efficiency, potentially impacting LM's market position and strategic partnerships.

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