Reported 8 months ago
On June 24th, Taiwan stocks plummeted by nearly 400 points during intraday trading. The decline was attributed to the fall of U.S. stocks last Friday as well as the selling pressure on heavyweight stocks. While most tech stocks pulled back, Innolux experienced a significant surge in volume, with shares climbing over 3.5%. Amid rumors of revitalizing assets and advancements in semiconductor technology, Innolux showcased a strong buying position while emphasizing focus on core business and development. Analysts warn of increased market volatility, highlighting overvalued stock prices and advising on strategic sector allocations for future investments.
Source: YAHOO