Samsung Forecast a 19-Fold Profit Jump Today: So Why is Stock Down 6%?
Samsung Electronics forecast a 19-fold leap in second-quarter working revenue to 89.4 trillion gained ($58.4 billion) at this time, July 7. The estimate beat analyst forecasts and marked Samsung’s third straight document quarter. However, Shares nonetheless fell over 6% in early buying and selling, extending a pullback from the inventory’s fivefold rally over the previous…
