Hyundai shares may have peaked, eyes on U.S. sales

Newswire

By Kim Kyoung-wha SEOUL, Sept 22 (Reuters) - Shares in South Korea's Hyundai Motor Co. could run out of gas after hitting record highs, as investors wait to see how its new flagship NF Sonata model fares in the crucial United States market next year. Hyundai shares peaked at 57,600 won on Tuesday, up 35 percent since early July, on hopes for the new model, robust overseas sales and an expected ratings upgrade, analysts said. Investors are optimistic the NF Sonata can do for Hyundai ...

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