[Featured Stock] Intraday Return to '50,000 Electronics'... Impact of Sharp Decline in Major US Semiconductor Stocks
[Asia Economy Reporter Lee Seon-ae] Samsung Electronics fell back into the "50,000 won range" on the 22nd as its stock price dropped to the 50,000 won level during trading.
As of 9:33 AM that day, it was trading at 59,900 won, down 1.64%. During the session, it fell to as low as 59,800 won. The opening price was 60,300 won.
The intraday price falling below 60,000 won is the first time in 5 trading days since the 12th (intraday low of 59,400 won). This is interpreted as being influenced by the sharp decline in major semiconductor stocks in the US stock market the previous day.
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Profit-taking selling pressure centered on large tech stocks caused semiconductor stocks such as Nvidia (-4.92%), AMD (-4.47%), and Micron (-3.92%) to close down consecutively.
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