[Alpha Biz=(Chicago) Reporter Kim Jisun] Naturalistic cosmetics company Ma:nyo succeeded in achieving the upper limit after forming an initial price twice the initial public offering price on the first day of its listing.

Analysts say it will be the last prize item as the system is expected to improve on the first day of listing later this month.

According to the Korea Exchange on the 8th,  Ma:nyo finished trading at the upper limit (41,600 won) after forming its initial price at 32,000 won, which is double the initial public offering price (16,000 won).

The return of the public offering investor is 160%.

 

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