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NASDAQ:ERIC News 23 January 2026

Ericsson stock jumps as LM Ericsson unveils first-ever buyback after Q4 profit beat

Ericsson stock jumps as LM Ericsson unveils first-ever buyback after Q4 profit beat

Stockholm, Jan 23, 2026, 11:06 CET — Regular session underway. Ericsson shares jumped over 11% on Friday following the Swedish telecom equipment firm’s announcement of its inaugural share buyback program. The company also surpassed expectations for fourth-quarter profits, leading gains on Europe’s STOXX 600. (Reuters) This matters because investors have expected a sluggish, uneven 5G spending phase, with operators cautious…
23 January 2026
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  • CMP.AX stock jumps 38.46% to A$0.45 on ASX amid volume surge
    January 23, 2026, 7:20 AM EST. CMP.AX led ASX gainers on January 23, closing at A$0.45, up 38.46% on heavy volume of 695,750 shares, nearly nine times average. The rise broke through the 50-day average price of A$0.35. Drivers include improved quarterly flows and stronger demand for sleep and neurology diagnostic equipment. Financials show modest liquidity with ongoing profit challenges; EPS stands at -0.01 and negative net income per share. Technical indicators are mixed but short-term bullish given price momentum above moving averages. Meyka AI rates the stock 'Hold' with a B grade, forecasting gradual price appreciation over 7 years. Key risks involve thin free cash flow and leverage amid competitive healthcare device sector pressures.
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