If you have money invested in HTC stock, you’re probably wondering why your account saw a dramatic increase in value over night. HTC’s stock price jumped 6.9% (the maximum daily limit) on Monday, as investors moved quickly to increase their holdings of the company since many expect HTC to deliver positive news in the Q2 guidance report which is due on Tuesday.
The HTC Desire 816 which launched in China last month appears to be doing very well and the global launch of the HTC One (M8) seems to have gone off without a hitch. While technology journalists can’t stop singing the praises of HTC’s new flagship phone, HTC’s Q2 guidance will give us the first indication of how well the handset is selling. We’re hoping that today’s 6.9% price surge will be accompanied by another increase once details of the guidance report are revealed.
Let’s keep our fingers crossed