There’s been a recent development with Delta Electronics (Thailand). The company has informed the Stock Exchange of Thailand (SET) that the company’s recent share price fluctuations are the result of external factors and that its financial fundamentals remain strong. Following a slump of 18.3% on Tuesday, Delta’s shares experienced volatility yesterday, closing up 0.26%. The trading alert on Delta’s shares will remain effective until July 10.
In a recent SET filing, company president and director Jackie Chang explained that the fluctuations in Delta’s stock price are due to “various market conditions and external factors beyond our control.” He added, “Consequently, we are unable to provide comments on this matter. However, we want to assure our shareholders and the public that the company’s long-term business strategy remains…
