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Home›US Markets›Sectors›Samsung slumps as shareholder return plan weighs on me…

Samsung slumps as shareholder return plan weighs on memory chip peers

Samsung shares fell to their worst day in three weeks, dragging sentiment across other memory-chip makers.

Reported · Written up by our desk · Sectors

MarketWatch reports that Samsung Electronics stock logged its worst day in three weeks on Monday after investors reacted to the company’s shareholder return plan.

The outlet said the weaker tone spilled over to other memory chip makers, with related stocks also moving lower as investors reassessed the sector’s outlook.

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Sources

MarketWatchSamsung Electronics stock had its worst day in three weeks, and the other memory stocks are lower as well
MarketWatchSamsung Electronics stock had its worst day in three weeks, and the other memory stocks are lower as well

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