#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
+0.70%
DRAM
+1.38%
MU
+1.52%
TSM
+0.44%
NVDA
-0.18%
WDC
+0.57%
SNDK
+1.02%

SamsungStrikeHalted Publications populaires