Samsung Posts Record 89.4T Won Q2 Profit Yet Stock Plunges 6.92%, SK Hynix Slides to 2.08M Won

According to The Fact, Samsung Electronics announced a record Q2 operating profit of 89.4 trillion won on July 7, yet its stock price fell 6.92% and dropped below the 300,000 won mark despite the earnings beat. SK Hynix also came under pressure, declining sharply to near 2.08 million won during intraday trading. The broader KOSPI index fell 4.91% in response to weakness in the semiconductor sector's top two players.
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