Samsung Electronics is trading 6.8% up at €4270.00, rebounding after a sharp post-earnings selloff earlier this month.
- The stock is recovering from an 8.5% drop on July 8, when record preliminary Q2 operating profits of 89.4 trillion won triggered profit-taking as the news was seen as already priced in.
- Today's gains reflect a reassessment of the company's strong AI-driven memory earnings guidance and a broader improvement in technology sector sentiment.