Robotics Frenzy Drives $24 Billion Gain in Hyundai Motor Stocks

Hyundai Motor Co. group stocks have added around $24 billion in market value so far this month as investor excitement over robotics extends into the new year.

The automaker’s shares jumped more than 10% Tuesday to a fresh record, as analysts hike price targets following the unveiling of its Atlas humanoid at the CES technology show last week. Affiliates including logistics arm Hyundai Glovis Co., parts supplier Hyundai Mobis Co. and IT firm Hyundai Autoever Corp. have similarly climbed to all-time highs.