| Posted at: 6/06/2016 |
Filed Under: Samsung
It was not long ago that Samsung’s stock price was taking a beating due to concerns about the company’s growth and profitability. Samsung has managed to turn things around and its recent quarterly earnings are a testament to that. Analysts are now positively bullish for the company’s earnings in the second quarter and that’s being reflected in greater investor confidence in the company’s shares. Samsung’s share price has hit a record high for the year, breaking the 1.33 million won ($1,156) ceiling in six months.
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