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Samsung Electronics Plunges 13.39% in Biggest Single-Day Drop in 18 Years, Nearly Halved from Record High

On July 28, Samsung Electronics in the Korean market closed down 13.39% at 220,000 won, recording its largest single-day drop since October 24, 2008. The stock price hit a new closing low since April 24, and has retreated 41% from its all-time high on June 19.

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