Yesterday, it was announced that it cooperated with Samsung Electronics, and Oppstar's stock price rose to a five-month high
Yesterday, it was announced that it cooperated with Samsung Electronics, and Oppstar's stock price rose to a five-month high
Oppstar, an integrated circuit (IC) design service provider, announced a partnership with Samsung Electronics (Samsung Electronics) to manufacture industrial integrated circuits yesterday $OPPSTAR(0275.MY$ Today, the stock price rose to a five-month high.
When the market was closed at noon today, Oppstar surged 20% to RM1.50, the highest level since the end of November last year.
![Yesterday, it was announced that it cooperated with Samsung Electronics, and Oppstar's stock price rose to a five-month high](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240430/1714454372187-random5809-103267505-android-org.jpeg/big?area=104&is_public=true)
This company, which went public in March last year, had an initial public offering price of 63 cents per share. Compared with that, the cumulative increase is now 138%.
According to Bloomberg, the company's 12-month median target price is RM1.72.
![Yesterday, it was announced that it cooperated with Samsung Electronics, and Oppstar's stock price rose to a five-month high](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240430/1714454372889-random4176-103267505-android-org.jpeg/big?area=104&is_public=true)
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment