#SamsungStrikeHalted

About SamsungStrikeHalted

Late on May 20, Samsung and its union reached a tentative deal after resumed talks, suspending the full-scale strike set for May 21. The union will hold an internal vote; whether the agreement holds remains uncertain. The news lifted Asian markets: KOSPI surged 5%+, Samsung jumped 6%+, SK Hynix rose 3.8%. The rally is essentially a rapid unwind of the strike risk premium priced in earlier.

Cryptos connexes
EWY
+0.27%
DRAM
+2.13%
MU
+0.60%
TSM
+1.15%
NVDA
+0.91%
WDC
+0.89%
SNDK
+0.57%

SamsungStrikeHalted Publications populaires