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Samsung shares tumble in response to Galaxy Note7 warnings

Samsung’s Galaxy Note7 phones are taking a serious toll on the company’s share price. Samsung’s shares had dropped more than 6 percent on Monday, opening the week sharply lower following following dozens of reports of Samsung Galaxy Note7 smartphones exploding. The issue was serious enough to warrant a warning from the U.S. Consumer Product Safety Commission (CPSC), which advised Note7 owners to “power them down and stop charging or using the device.” The chart below…

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Source – Mashable:
Samsung shares tumble in response to Galaxy Note7 warnings

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