Samsung Life entered the ranks of space exploration technology company shareholders, and its stock price soared.
After SpaceX landed in the US market last Friday, Samsung Life Insurance became one of its institutional shareholders. The stock continued to rise for the second consecutive trading day, with the largest intraday gain reaching 10%. Data shows that Samsung Life Insurance holds 719,096 shares of SpaceX, accounting for 0.01% of the total shares, making it the fourteenth largest shareholder of the company. Previously, Goldman Sachs raised Samsung Life Insurance's target price from 245,000 Korean Won to 335,000 Korean Won, and maintained a neutral rating. As a result, the stock closed up 5.6% last Friday.
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