$ERIC is one of biggest losers #stocks today. read more:

Ericsson (symbol: ERIC) was one of the worst losers of the trading day
today (2016-10-12), losing -20.83%. The number of shares that changed hands
was 57,944,895, or about 14 times the average daily volume in the stock.
The closing price was $5.55, amounting to a market cap of $18,100,000,000,
about -47.54% off the highest price in the last 12 months. The stock has
been trading at a range between $5.54 and $10.58.
ERIC is in the Radio And Television Broadcasting And Communications
Equipment industry, part of the Technology sector.
Looking at its valuation, the stock is now trading at 11.51 times earnings.