- Hopes that Hyundai Motor (OTCPK:HYMTF) may restructure led shares to jump 9% overnight in South Korea to their highest level in 22 months.
- Market speculation is that activist hedge fund Elliott Management bought a share in the country's top automaker to push for changes.
- Hyundai affiliates, Kia Motors (OTCPK:KIMTF) and Hyundai Mobis climbed more than 4% on the news.
Hyundai Motor extends rally
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Symbol | Last Price | % Chg |
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HYMTF | - | - |
Hyundai Motor Company |