Taiwanese Stock Soared with Ritek's 8th Consecutive Limit Up: Will it Go Crazy like Hotech?

Reported about 1 year ago

FTNN news reported that on July 8, the Taiwan stock market opened with a slight drop but quickly turned red, breaking through the 23700 mark. Optical disc manufacturer Ritek continued its upward trend with 8 consecutive limit up sessions, locking at 19.95 NT dollars. With nearly 40k buy orders queued, netizens are amazed by Ritek's performance, comparing it to the craziness of Hotech. Ritek has been on a rise since June 27, with a 75% increase in stock price. Despite recent trading restrictions due to excessive volatility, Ritek's stock price continues to hit new highs, prompting praise and astonishment from investors.

Source: YAHOO

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