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Strong demand for UA Health Box, HTC Vive pushes company’s stock up 9.9%

HTC’s stock has just hit a 9-month high. Investors clamored to buy HTC’s stock today after seeing strong demand for the HTC Vive and news that the HTC-built UA Health Box has sold out. HTC’s stock price hit NT$90 by noon and trade of the stock was suspended since it hit the market’s daily trade cap which only allows stock to do up or down by 10% in one given day.

HTC has not shared how many people have pre-ordered the HTC Vive, but we do know that more than 15,000 units were snatched up within the first ten minutes. Under Armour and HTC have also been silent regarding sale numbers of the UA Health Box. We have heard from our own sources that HTC has postponed launching the product in new markets due to high demand in the US, but HTC is working to speed up the delivery of the second production run since the first one has already sold out.

Hopefully, HTC’s revenue for the month of February will mirror this positive news and help prop the company’s stock up even further.

Source: Google Stocks, Focus Taiwan

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