#SamsungQuarterlyProfitSurges19Fold
Samsung Electronics has just announced impressive quarterly results, guys: profit reached 89.4 trillion won (approximately $58.4 billion), a 1,810% increase compared to the previous year. Despite this, the share price fell 7.70%, a drop of nearly 24% from its high just 15 days ago.
The concern does not lie in the profit itself, since the figures are solid, but in the market’s reaction. Analysts, institutional investors, and individual investors had already anticipated these results, and the share price had been reflecting them months before the publication. $SAMSUNG
Samsung Electronics has just announced impressive quarterly results, guys: profit reached 89.4 trillion won (approximately $58.4 billion), a 1,810% increase compared to the previous year. Despite this, the share price fell 7.70%, a drop of nearly 24% from its high just 15 days ago.
The concern does not lie in the profit itself, since the figures are solid, but in the market’s reaction. Analysts, institutional investors, and individual investors had already anticipated these results, and the share price had been reflecting them months before the publication. $SAMSUNG