A $30 Billion Rout Turns Delta Thailand Into Asia’s Worst Stock
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Just four months ago, Delta Electronics (Thailand) Pcl’s shares were outpacing global peers, prompting a series of moves from Thai market authorities to halt the rally. Now, the stock is in a stark reversal.
Its shares have cratered more than 50% in 2025, notching a steeper decline than any of the world’s electronic-part makers worth at least $500 million, according to data compiled by Bloomberg. This year’s tumble wiped out about $30 billion of Delta’s market value and made the stock the biggest laggard on the MSCI Asia Pacific Index.