Hyundai Motor Stock Falls 6.25% on July 24 Amid Q2 Earnings Decline

According to Korea Exchange, Hyundai Motor shares fell 27,000 KRW (6.25%) to 405,000 KRW in morning trading on July 24, pressured by second-quarter earnings deterioration and delayed expectations for its humanoid robot business development. The automotive sector weakness combined with reduced growth prospects in new ventures has prompted securities firms to lower price targets.
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