ERIC Down 10% In A Week. What Happened Next Before?
- In Dot-Com Bubble, Telefonaktiebolaget L M Ericsson stock declined 87% vs 37% for S&P 500. During global financial crisis, it dropped 74% compared to the S&P 500’s 57%.
- Following the Dot-Com Bubble and the the global financial crisis, the stock could not recover to its pre-crisis peak, whereas the S&P 500 recovered in 69 months and 49 months respectively.
Telefonaktiebolaget L M Ericsson Stock Performance In Market Crashes:
| ERIC | S&P 500 | |
|---|---|---|
| Dot-Com Bubble | ||
| % Change from Pre-Recession Peak | -87% | -37% |
| # of Months for Full Recovery | Yet to Recover | 69 |
| Global Financial Crisis | ||
| % Change from Pre-Recession Peak | -74% | -57% |
| # of Months for Full Recovery | Yet to Recover | 49 |
| 2018 Correction | ||
| % Change from Pre-Recession Peak | -26% | -20% |
| # of Months for Full Recovery | 11 | 4 |
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -33% | -34% |
| # of Months for Full Recovery | 3 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -70% | -25% |
| # of Months for Full Recovery | Yet to Recover | 15 |
Worried that ERIC is yet to hit the bottom? You could take a look at the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
Relevant Articles
- ERIC Fell 15% In A Month. What To Do Now?.
- Why Ericsson Stock Dropped Despite Beating Earnings Expectations?
- What’s Next For Ericsson’s Stock Post Q1 Results?
- What’s Happening With Ericsson’s Stock?
- What’s Next For Ericsson Stock?
- Down 16% This Year Amid A Weak Demand In The U.S., What Lies Ahead For Ericsson Stock?