Stock Market News
Foxconn shares rise after offering cautiously optimistic Q4 outlook
2022.10.04 21:31
© Reuters. FILE PHOTO: People wear masks to protect themselves from the coronavirus disease (COVID-19) while listening to the annual general meeting at the lobby of Foxconn’s office in Taipei, Taiwan, June 23, 2020. REUTERS/Ann Wang
TAIPEI (Reuters) – Shares in Taiwan’s Foxconn, the world’s largest contract electronics maker, rose 3% on Wednesday morning after the company said it was “cautiously optimistic” about its fourth-quarter revenue outlook.
Foxconn, a major Apple Inc (NASDAQ:) supplier, also on Tuesday reported record-breaking September sales.
