Reported 8 months ago
As the Paris Olympics are set to begin in July, the market is shifting focus towards TV-related themes, leading to a significant surge in panel stocks. Leading display panel companies AU Optronics and Innolux saw increases, with AUO gaining 14,000 shares within 2 hours, marking a threefold increase from last week's daily trading volume. Analysts speculate on whether this surge indicates a new market trend, emphasizing the importance of maintaining bottom price levels. With the upcoming Olympics boosting interest in high-definition television technology, various tech stocks in the optical display sector experienced surges, with AUO leading the pack. Analysts caution investors to cautiously approach the increased trading volume without breaking price bottoms.
Source: YAHOO