Samsung's $2,000 Galaxy Fold Sparks Mixed Comments
- KTB Asset sees profit-taking after strong gains this year
- Equipment supplier Finetek skyrockets for second-straight day
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This year’s rally in shares of Samsung Electronics Co. paused following the highly anticipated debut of its $1,980 foldable Galaxy handset.
The world’s largest smartphone maker’s stock was little changed Thursday amid mixed comments from analysts and Twitter observers regarding the Galaxy Fold’s high price tag, functionality and sales prospects. Samsung is still up more than 20 percent in 2019, rebounding from a drop of over 20 percent last year.