Photo = Yonhap news

 

[Alpha Biz= Reporter Kim Sangjin] The stock price of The Born Korea plummeted over 10%, closing at a significant loss.

According to the Korea Exchange, The Born Korea's stock closed at 41,400 KRW, down 4,800 KRW (10.39%) from the previous trading day.

Since its listing on the KOSPI market on November 6, The Born Korea attracted widespread attention, surging 52.06% over the first two trading days, from 34,000 KRW to 51,700 KRW.

However, on November 8, the stock began to decline, falling 10.64%, and continued to drop nearly 7% on the following day, totaling a 19.92% decline over the two days.

The downward trend was further fueled by individual investors, who started selling after just four days of trading, contributing to the sharp drop in the stock price.
 

 

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