[Special Stock] Dongyang Preferred Shares Surge in Bulk
[Asia Economy Reporter Park So-yeon] Preferred stocks such as Dongyang 3 Woo B, Dongyang 2 Woo B, and Dongyang Woo are showing strong gains in the early trading session on the 12th.
As of 9:53 a.m. that day, Dongyang 3 Woo B was trading at 73,100 won, up 16,800 won (29.84%) from the previous day.
Dongyang 2 Woo B was trading at 29,000 won, up 6,500 won (28.89%) from the previous day.
Dongyang Woo was trading at 14,750 won, up 3,100 won (26.61%) from the previous day.
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Preferred stocks have a small number of circulating shares, so their prices can surge sharply even with small speculative funds. As a result, rapid price fluctuations can occur regardless of the movements of the common stock price. This is why caution is required when investing in preferred stocks.
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