TradingKey – Samsung Electronics shares plunged nearly 10% today, once again testing the key support level of 280,000 won.
During the Asian trading session on July 7, South Korea’s KOSPI index plummeted over 6% intraday, falling below the 8,000-point mark. Meanwhile, AI memory giant Samsung Electronics tanked nearly 10%, losing the 300,000 won threshold to trade temporarily at 287,000 won, once again testing the support level of 280,000 won (approximately $183) formed in June.
This morning, Samsung Electronics announced its Q2 earnings guidance. Looking at profit data alone, Samsung’s Q2 guidance was staggering for the market, though its revenue only met market expectations. According to the data, estimated profit reached 89.4 trillion…




