Hyundai Humbled as Investors Abandon Auto Industry’s Darling
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A year ago, Hyundai Motor Co. analysts were predicting the stock would be breaking record highs by about now. They were wrong.
Shares of South Korea’s largest carmaker tumbled 10 percent on Tuesday to their lowest close since August 2010, and extended a decline on Wednesday, making Hyundai the worst-performing stock among any major automaker in the past year.