On the morning of December 26, YEG shares hit the floor after 7 consecutive ceiling sessions and are preparing to receive 13.5 million shares matched on December 19 into the account.
On the morning of December 26, YEG shares hit the floor after 7 consecutive ceiling sessions and are preparing to receive 13.5 million shares matched on December 19 into the account.
YEG shares of Yeah1 Group Joint Stock Company (code YEG) turned to decrease on the morning of December 26, 2024 after 7 consecutive ceiling price sessions from December 17 to December 25, 2024.
Nearly 6.5 million YEG shares were traded on the morning of December 26 from the session ceiling price of VND24,800, until being sold at the floor price of VND21,600/share. The remaining floor price selling volume in the afternoon session was up to 5.3 million shares. On the afternoon of December 27, more than 9.5 million shares matched in the session on December 25 will be transferred to investors' accounts. With a huge amount of goods transferred to accounts, YEG shares are expected to continue to face profit-taking pressure.
It is estimated that about 13.5 million shares matched in the session on December 19, the second day YEG hit the ceiling, achieved a profit margin of more than 20% when the shares were returned to the account.
Brokers recommend that investors do not rush to buy YEG stock at the bottom, because the previous hot increase caused the stock chart to form a pine tree pattern, a risky pattern for investors if they chase buying orders.
Previously, in Official Dispatch No. 1114 of Yeah 1 responding to Official Dispatch No. 1941/SGDHCM-GS of the Ho Chi Minh City Stock Exchange regarding the request for the Company to disclose information related to the YEG stock price increasing to the ceiling for 5 consecutive sessions from December 17, 2024 to December 23, 2024, Yeah 1 stated that the company's business activities are still taking place normally according to the set plan and there are no unusual fluctuations in the company's operations. YEG shares increased to the ceiling for 5 consecutive trading sessions due to objective developments in supply and demand of the stock market. The stock trading price is determined by the market and is beyond the control of the company.
In recent times, Yeah1 has actively restructured its operations, optimized its management and operations, and focused on developing key business segments, including the production and broadcasting of programs on digital platforms, high-quality television programs, and received support from a large audience and created a huge social media effect. The success of the programs and other business segments has contributed to improving the company's business results compared to the previous period.
The company commits not to have any impact affecting the trading price of YEG shares on the stock market.
Source: https://baodautu.vn/co-phieu-yeah1-giam-san-sau-7-phien-tang-tran-lien-tiep-d235688.html
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