🟢 Ericsson is trading 10% up today after Q3 adjusted EBITA beat expectations

Ericsson is trading at $10.54 (+10.07%) after its Q3 adjusted EBITA exceeded analyst expectations.

• Adjusted EBITA totaled SEK 10.1 billion, and organic sales rose 7%.
• Bloomberg attributed the share jump to the earnings beat and solid mobile-network equipment demand in core markets.
• The broader technology sector was under pressure, offering no matching tailwind.