Reported 8 months ago
Hon Hai shares hit $200, reaching the target price set by Terry Gou, resulting in over 770,000 shareholders profiting. However, over 100,000 shareholders exited early, missing out on $98,000 per share since last March. Shareholders reduced to 769,417 recently as the stock price soared, causing investors to hurry to secure profits and step off. Despite the excitement, if the timeline is extended, when the shareholder peak was 873,800 in February 2023 with shares at only $101.5, the 104,400 shareholders who exited early could have earned nearly enough for another share, illustrating significant losses. Terry Gou pledged not to retire as long as the stock remained below $200; however, amidst presidential election activities last year, he resigned from his position at Hon Hai. Now riding the AI wave, Hon Hai's stock surged past the $200 mark today, setting a new record high.
Source: YAHOO