[Featured Stock] Hyundai Rotem Declines Amid Shift to Emergency Management System
[Asia Economy Reporter Geum Boryeong] Hyundai Rotem's stock price is showing a downward trend on the afternoon of the 16th following news that the company has entered an emergency management system.
As of 3:08 PM that day, Hyundai Rotem's stock price recorded 16,650 KRW, down 4.58% (800 KRW) compared to the previous day.
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
- "Realizing How Fast Money Disappears: Should You Try Only the Essentials for 5,000 Won? [The Basics of Benefits]"
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
This is closely related to Hyundai Rotem, which has been struggling due to accumulated deficits, forming an emergency management committee. On the 15th, a day before, Hyundai Rotem held an emergency management declaration ceremony for management innovation at its Changwon factory in Gyeongnam.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.