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Samsung Gains, Asia PC Drops, Insilico Jumps
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Samsung's anticipated equity buyback is raising investor expectations that the Korean giant will buy up non‑voting preferred shares, narrowing a steep discount and setting an example for others.
- Asia PC maker shares drop after a report that Intel plans to raise personal computer CPU prices by another 10% as early as next month.
- An experimental lung disease drug developed using artificial intelligence showed promise in reversing biological signs of ageing, pointing to broader potential use of the treatment, according to its developer. Insilico’s shares jumped as much as 10% on Tuesday, the most since August 25th.
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