[Featured Stock] Short Selling War Ignites Domestically?… Celltrion Up 9%
[Asia Economy Reporter Ji Yeon-jin] On the 1st, Celltrion's stock price is soaring. The news that its main product, the biosimilar Remsima SC, received sales approval in Canada, along with the global short-selling war triggered by the U.S. gaming company 'GameStop,' is believed to have influenced this rise.
At 9:22 a.m. on the same day, Celltrion was trading at 354,000 won, up 9.45% compared to the previous session. Celltrion announced on the 1st that Remsima SC, the world's first subcutaneous injection formulation of infliximab for autoimmune disease treatment, obtained sales approval from Health Canada on the 28th (local time).
Hot Picks Today
In the End, Fearing a Strike, Samsung Electronics Removes Wafer Pods... Enters 'Emergency Mode'
- No Bacteria Detected in Arisu After 24 Hours of Repeated Drinking from a Tumbler
- "Available Only in Korea": Pokémon Card Prices Surge 2,532% Due to Rarity, Becoming Investment Assets
- [Tomorrow's Weather] Early Summer Heat... Gwangju and Jeonnam Highs Reach 30°C
- Pulling Out His Phone for a '360-Degree Selfie' and Giving a Thumbs Up at the Ceiling... "China Is Fascinating" [US-China Summit]
Some analysts suggest that related to the U.S. GameStop short-selling issue, domestic individual investors are reflecting a 'anti-short-selling movement' in the stock price by joining the effort against Celltrion, which currently has the highest short-selling balance.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.