Samsung Record Shows Earnings Beats Often Trigger Profit-Taking
A selloff in Samsung Electronics Co. shares Tuesday, despite stronger-than-expected preliminary earnings, underscored the tendency of the stock’s investors to cash out as the market often prices in its milestones...
By Abhishek Vishnoi · Bloomberg
A selloff in Samsung Electronics Co. shares Tuesday, despite stronger-than-expected preliminary earnings, underscored the tendency of the stock’s investors to cash out as the market often prices in its milestones ahead of time.