Hyundai Motor Stock Falls Nearly 30% in One Month After AI Rally Fades on July 10

According to Korea Exchange, Hyundai Motor's stock declined nearly 30% over the past month on July 10, following a sharp rally driven by expectations around robotics and physical AI. Brokerages noted that while the automaker's weak second-quarter earnings have been substantially reflected in the recent price correction, the key to a rebound hinges on recovery in its core automotive business rather than momentum from new ventures.
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