[Featured Stock] Access Bio, Has the Surge Stopped?... 8% Sharp Drop
[Asia Economy Reporter Minji Lee] Access Bio, which resumed trading, plunged 8% during the session.
At 10:02 AM on the 21st, Access Bio was traded at 46,050 KRW on the KOSDAQ market, down 7.44% from the previous session. Access Bio, which resumed trading that day, initially rose to 62,900 KRW, marking an all-time high, but the stock price also fell to 34,850 KRW.
Access Bio surged about 2300% this year on expectations for its COVID-19 diagnostic kit business. Its Q2 earnings recorded 1.3 billion KRW, turning profitable compared to the same period last year.
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Currently, Access Bio is designated as a high-risk investment stock.
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