‘FLC family’ stock to be rescued

After 4 consecutive sell-off sessions, on April 1, investors started to “rescue” their stock FLC.

In the morning, FLC, ROS stocks still fell to the floor with a large oversold volume and HAI, KLF, AMD, and ART stocks traded at red prices. However, the cash flow started pouring into this group of stocks from the end of the morning session and continued to buy strongly in the afternoon session.

At 13:30′, FLC was matched with nearly 80 million shares, exiting the oversold situation at the floor and is now down to only 3.6%. Similarly, ROS also matched orders of nearly 70 million shares, with a decrease of 4.7%.

Meanwhile, KLF, HAI and ART all hit the ceiling while AMD gained more than 6%.

Stocks of the FLC family were rescued - Photo 1.

Since the beginning of the year, the stock “family FLC” has experienced 2 big sell-offs. The first phase took place when Mr. Trinh Van Quyet illegally sold 74.8 million FLC shares on January 10, 2022. The second sell-off began on January 25, when Mr. Quyet was suspended from leaving the country and then arrested.

According to calculations, ‘FLC family’ stocks have decreased by 30-50% compared to the beginning of the year. In which, FLC decreased by 42% and ROS decreased by more than 50%.

Stocks of the FLC family were rescued - Photo 2.

Ha My

By Business and Marketing

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