Samsung Stock Falls 3% Even as Profit Tops $80 Billion: Is a Record Quarter Not Enough?
Samsung shares fell 2.69% to 235,500 won by 10:11 a.m. Korea time on Thursday, shortly after the company reported a record quarterly operating profit of KRW 107.4 trillion, about $80 billion. The stock had traded higher before the release, adding to a 9% gain on Wednesday that followed SK Hynix’s own record quarter. It turned The post Samsung Stock Falls 3% Even as Profit Tops $80 Billion: Is a Record Quarter Not Enough? appeared first on BeInCrypto.
Key Takeaways
- Samsung shares fell 2.69% to 235,500 won by 10:11 a.m.
- Korea time on Thursday, shortly after the company reported a record quarterly operating profit of KRW 107.4 trillion, about $80 billion.
- The stock had traded higher before the release, adding to a 9% gain on Wednesday that followed SK Hynix’s own record quarter.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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