Little Investors Rally to Support TSMC Amid Trump’s Remarks

Reported 3 months ago

On July 17, 2024, TSMC's stock fell by 2.73% amid concerns over unfavorable remarks from Trump regarding Taiwan, causing a significant drop in the market. However, small investors took action by purchasing a remarkable 3,828,500 shares of fractional stock ahead of TSMC's earnings call, marking an increase of 2,841,100 shares from the previous day. Despite the overall market decline, these investors demonstrated confidence in TSMC, contributing to a total of 65,355,000 shares traded on the day, as they prepared for the anticipated earnings report and forecasts for the third quarter.

Source: YAHOO

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