 The U.S.-listed shares of Ericsson ERIC, -1.66 ERIC.B, -4.57 sank 4.4 toward a 10-week low in premarket trading Friday, after the Sweden-based telecommunications equipment and services company reported lower than expected earnings, and said macroeconomic headwinds are expected to continue at least through the first half of 2023. Among Ericssons rivals, shares of Finland-based Nokia Corp. NOK, -2.09 NOKIA, -2.28 fell 1.5 ahead of Fridays open and California-based Dow Jones Industrial Average DJIA, -0.76 component Cisco Systems Inc. CSCO, -0.94 slipped less than 0.1. 