Delta Thailand stock tumbles nearly 30%, wiping out $12bn in market cap
BANGKOK — Shares in Thailand’s most valuable electronics company opened down nearly 30% on Monday morning, the latest sign of spreading pessimism in the artificial intelligence boom. Delta Electronics Thailand reported lackluster full-year results after the market closed on Friday. Net profit growth in 2024 slowed to 2.8% compared to a 20% increase the previous…