HTC to suspend stock trade Thursday, citing "major announcement" - News Summed Up

HTC to suspend stock trade Thursday, citing "major announcement"


The Taiwan-based tech firm HTC said it will suspend stock trade Thursday pending a "major announcement." HTC did not comment on the report Thursday other than calling them speculations and rumors. Talks of a possible Google acquisition of HTC - either the whole firm or its smartphone team - have been around for months. In an example of HTC's dramatic rise and decline, its current share price (NT$69.3) is only 5 percent of its historic high of NT$1,300 reached in 2011, when HTC was the highest priced stock in the Taiwan Stock Exchange. The current top-priced stock title goes to Largan, a major supplier of iPhone camera lens.


Source: The China Post September 20, 2017 10:52 UTC



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