Reported 10 months ago
Samsung Electronics Co. experienced its biggest stock surge since January 2021, with shares rising up to 8.6% as investors see potential value after a prolonged downturn. Despite this rally, the stock is still down almost 32% year-to-date, facing challenges from competition in artificial intelligence and trade policies. Analysts view the rise as a technical rebound but caution that it may not be sustainable amid ongoing trade risks.
Source: YAHOO