[SAMSUNG RALLY] Stock rally underscores hopes for Samsung recovery
Aug. 19, 2016
[THE INVESTOR] Powered by better-than-expected market response for the new Galaxy Note large-size smartphone, expectations for a continued recovery of earnings have propelled shares of Samsung Electronics to an all-time high, after surging more than 30 percent this year. Shares of Samsung, the world’s largest maker of smartphones, jumped 4.7 percent on Aug. 18 to close at 1,640,000 won (US$1,470), a record closing high, and traded at a new intraday record of 1,643,000 won per share in early Frid