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Samsung Electronics shares fall 3 percent, cooling after 23 percent surge
Posted by admin on August 20, 2012 , No comment
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The logo of Samsung Electronics is seen at the company's headquarters in Seoul July 6, 2012.
Credit: Reuters/Lee Jae-Won
Sun Aug 19, 2012 8:37pm EDT
(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)
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