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Foxconn Shares Rise After Offering Cautiously Optimistic Q4 Outlook

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Foxconn Shares Rise After Offering Cautiously Optimistic Q4 Outlook
Foxconn's shares rose 3% after the company said it was "cautiously optimistic" about its fourth-quarter revenue outlook.
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By Reuters

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Published on October 5, 2022

Highlights

    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 supplier, also on Tuesday reported record-breaking September sales.

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