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Samsung Lost An Entire HP In Market Value After Note 7 Disaster
Samsung’s disastrously defective new Galaxy Note 7 has wiped about $25 billion off its market value, with its stock falling almost 11% in trading on Friday and Monday. It’s the worst two-day fall for the Korean electronics giant since 2008, according to Bloomberg data. The blown launch of the Note 7, Samsung’s would-be iPhone competitor,…