[Special Stock] Samsung Electronics Hits 52-Week Low for 3 Consecutive Trading Days

Samsung Electronics achieved a record high performance with annual sales exceeding 279 trillion won. Samsung Electronics announced on the 7th that, based on its preliminary consolidated results for last year, sales reached 279.04 trillion won, and operating profit was 51.57 trillion won. The photo shows the Samsung Electronics Seocho building. Photo by Mun Honam munonam@

[Asia Economy Reporter Kwon Jae-hee] Samsung Electronics once again hit a 52-week low on the 11th.

As of 10:21 a.m. on that day, Samsung Electronics was trading at 68,000 KRW on the Korea Exchange, down 0.29% from the previous trading day.

Shortly after the market opened, Samsung Electronics fell to a 52-week low of 67,400 KRW.

With this, Samsung Electronics has set a new 52-week low for three consecutive trading days since the 7th.

Recently, despite announcing record-breaking first-quarter earnings, Samsung Electronics' stock price has been on a continuous decline due to macroeconomic uncertainties, with simultaneous selling by foreign and institutional investors.