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Photo = Yonhap news |
[Alpha Biz= Reporter Kim Sangjin] Baek Jong-won's The Born Korea (475560)
saw a decline during trading hours, falling to its lowest price since its IPO.
As of 10 AM on the 21st, The Born Korea was trading at 39,900 KRW, down 1,350 KRW (3.27%) from the previous day. During the session, the price dropped to as low as 39,600 KRW, marking the lowest point since its KOSPI listing on the 6th. However, compared to its IPO price of 34,000 KRW, it is still maintaining a positive return.
The company went public at 34,000 KRW on the 6th and saw its price surge by nearly 90% during the day. While it later corrected and closed up by 51.18% at 51,400 KRW, it continued to experience volatility, with the stock price reaching 58,300 KRW on the 7th before ending the session with a slight gain.
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
