[Featured Stock] Lee Jae-myung Holds Lead Beyond Margin of Error Over Yoon... Related Stock Susin Innovation Rises

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] Susung Innovation is showing strong performance as Gyeonggi Province Governor Lee Jae-myung surpasses former Prosecutor General Yoon Seok-youl beyond the margin of error in the next presidential election approval rating survey.

As of 9:47 AM on the 14th, Susung Innovation is trading at 2,435 KRW on the KOSDAQ, up 90 KRW (3.84%) from the previous day. Susung Innovation is classified as a Lee Jae-myung-related stock due to the background of Yoo Seung-chan, who concurrently serves as an inside director and CEO of Story.com, having served as a policy advisory committee member for Gyeonggi Province and as the election planning team leader for the Democratic Party of Korea.

According to a survey conducted by Hangil Research on behalf of Cookie News from the 10th to the 12th, targeting 1,001 voters nationwide aged 18 and over, Gyeonggi Province Governor Lee Jae-myung led former Prosecutor General Yoon Seok-youl in a hypothetical two-candidate presidential race. Governor Lee received 43.9% support, while former Prosecutor General Yoon received 36%. The gap in approval ratings between the two was 7.9 percentage points, which is outside the margin of error of this survey (sampling error 95%, confidence level ±3.1%p).

On this day, the news led to a buying spree in Susung Innovation, resulting in a strong stock price. Susung Innovation is a company primarily engaged in the production of logistics machinery. Its stock price has risen by 140% so far this year. The increase was significant due to improved performance following the activation of the logistics industry after the COVID-19 pandemic and being grouped as a Lee Jae-myung-related stock.

This content was produced with the assistance of AI translation services.