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HTC stock plummets to new lows after Friday’s revised revenue forcast
HTC stocks took a massive 9.91% hit today as investors scrambles to dump the stock as quickly as they could. As soon as the market opened, HTC’s stock hit a new low of NT$83.60, reducing the company’s market capitalization to a mere $2.21 billion US dollars. The massive selloff of HTC stock was triggered by…
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Investors react favorably to HTC and Apple’s patent licensing agreement – stock rises 6.86 percent
Investors seem to agree that the HTC and Apple cross-licensing agreement which was announced late on Saturday is a good thing for HTC. The company’s stock price opened 6.86 percent (the maximum allowed on Taiwan’s stock exchange) higher this morning and maintained its gains throughout the day as the
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HTC stock price spikes as investors anticipate November sales to rebound
HTC’s stock price took an unexpected turn today as institutional investors purchased more than 2.5 million shares of the company. The sudden surge in demand for HTC stocks forced the price upwards by 7% – the daily cap for Taiwan’s stock market. Mega International Investment Service Corp says that