Samsung stock hits new high, Note 7 crisis.

 http://static.boredpanda.com/blog/wp-content/uploads/2016/09/samsung-galaxy-note-7-exploding-funny-reactions-20-57d93f52b050c__700.jpg
Samsung is grappling with a huge and embarrassing recall of one of its flagship smartphones, but its stock just hit a new high.

    What gives? Samsung (SSNLF) shares trading in Seoul jumped 4.5% on Thursday after an activist hedge fund called for an overhaul of the South Korean company's complicated structure and a special $27 billion payout to shareholders.
      The U.S. fund, Elliott Management, argues that Samsung's relatively cheap share price could skyrocket if the company's management is willing to make a series of key reforms.

Comments

Popular posts from this blog

Microsoft, Apple Black Friday Deals and Offers Go Live

HP Rumoured to Launch Another Windows Phone Smartphone in 2017

Government to Push for Activation of RuPay Debit Cards