Secondary battery stocks, including POSCO Future M, are strong during the day, and ‘anticipation of new models’ affects Tesla’s stock price rise

Secondary battery stocks, including POSCO Future M, are strong during the day, and ‘anticipation of new models’ affects Tesla’s stock price rise
Secondary battery stocks, including POSCO Future M, are strong during the day, and ‘anticipation of new models’ affects Tesla’s stock price rise
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[비즈니스포스트] Secondary battery stock prices are showing strong intraday performance.

It appears to have been affected by Tesla’s stock price rebound in the US stock market the previous day.

 

▲ With Tesla’s stock price rebounding, domestic secondary battery stock prices, including POSCO Future M, are rising during the day on the 24th.

At 10:17 am on the 24th, POSCO Future M’s stock price on the KOSPI market is trading at 290,000 won, up 5.45% (15,000 won) from the previous day.

The stock price remains strong after opening at 291,500 won, 6.00% (16,500 won) higher than the previous day.

In addition, stock prices of Samsung SDI (3.56%), EcoPromerty (3.46%), SK IE Technology (3.21%), Ecopro BM (3.00%), and LG Energy Solution (2.85%) are also on the rise.

The previous day, Tesla stock price closed 1.89% higher. It had closed on a downward trend for the previous 7 consecutive trading days and then succeeded in a rebound.

Even in after-hours trading, Tesla’s stock price soared 13.38%.

Tesla announced the previous day that it had sales of $21.3 billion (about 29 trillion won) and operating profit of $1.17 billion in the first quarter. They decreased by 9% and 56%, respectively, compared to a year ago.

Nevertheless, investor sentiment revived as Tesla announced that it was launching a low-priced new car model earlier than previously planned.

The market expects that if Tesla’s new model succeeds in mass production, it will bring about a big change in the electric vehicle market. Accordingly, stock prices in the domestic secondary battery industry also appear to be rebounding on this day. Reporter Kim Tae-young

The article is in Korean

Tags: Secondary battery stocks including POSCO Future strong day anticipation models affects Teslas stock price rise

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