May Revenue Increases by 1083%! Stock Plummets for 6 Consecutive Days Ranking as the Weakest Stock

Reported 11 months ago

FTNN News Network reported on June 24, 2024, that Taiwan's stock market closed at 22,813.70 points, dropping 439.69 points by 1.89%. Among the 8 stocks that plunged, textile stock Honghe (1446) in the construction business saw a 7.78% monthly decrease but a 1083.49% annual increase in May with a revenue of 211 million. It has dropped 4.75% today, marking the sixth consecutive day of decline and ranking as the weakest stock. The stock market data showed that 25 stocks experienced continuous declines for over 5 days, with 8 having a trading volume of over 1000 shares. Honghe (1446) led the list with a 4.75% decline. Other stocks in the top rankings included Yanghua (3622), Yangzhi (3041), Lidet (3058), Canon (2374), Huanda (4549), Changke (6548), and Lianshangfa (2537), highlighting downward trends in the market.

Source: YAHOO

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