On Air Now

Listen

Listen Live Now » 100.3 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
45° Feels Like: 43°
Wind: SE 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Mostly Cloudy 42°

Tomorrow

Partly Cloudy 64°

Sun Night

Partly Cloudy 42°

Alerts

Samsung Electronics shares fall 3 percent, cooling after 23 percent surge

The logo of Samsung Electronics is seen at the company's headquarters in Seoul July 6, 2012. REUTERS/Lee Jae-Won
The logo of Samsung Electronics is seen at the company's headquarters in Seoul July 6, 2012. REUTERS/Lee Jae-Won

(Reuters) - Shares in Samsung Electronics, South Korea's most valuable firm, fell 3 percent in early trade on Monday, extending falls into a second day as investors took profits following a one-month surge.

Samsung shares soared 23 percent from its most recent trough registered on July 12, outpacing gains in the main board by nearly three-fold.

(Reporting by Joonhee Yu; Editing by Richard Pullin)

Comments