[Featured Stock] Design Hits Upper Limit for Two Consecutive Days
[Asia Economy Reporter Ji Yeon-jin] Design, a manufacturer of smart device accessories, rose to the daily price limit for the second consecutive day.
As of 10:30 AM, Design is trading at 12,650 KRW, up 29.74% from the previous day. The day before, it closed at 9,750 KRW, up 30%.
Earlier, the Korea Exchange KOSDAQ Market Headquarters requested a disclosure inquiry regarding the existence of any material information related to significant market fluctuations (sharp rise in stock price) for Design. The deadline for the response disclosure is 6 PM today.
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The company is a distributor that manufactures and develops smart device accessories, with main products including mobile phone auxiliary batteries and chargers, smart accessories (cables and gender adapters, Bluetooth devices, earphones, neckbands, speakers). As a new business, it is also engaged in the mask business, manufacturing and selling KF-AD grade droplet-blocking masks.
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