[Hot Stock] Seegene Surges Again Amid Emergence of COVID-19 'Super Variant'
On the 26th, as the number of severe COVID-19 patients rapidly increased, raising concerns about a shortage of hospital beds, citizens visiting the screening clinic set up at Songpa-gu Public Health Center in Seoul were waiting to get tested. Photo by Jinhyung Kang aymsdream@
View original image[Asia Economy Reporter Ji Yeon-jin] Seegene's stock price surged again on the 24th following news of the discovery of a COVID-19 super variant.
As of 9:58 AM on the same day, Seegene was trading at 65,400 KRW on the KOSDAQ market, up 6.68% (4,100 KRW) compared to the previous day.
The news that a COVID-19 variant with dozens of mutations at once was discovered in South Africa and Botswana appears to have been the momentum behind the stock price increase.
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As of midnight on the same day, the number of confirmed COVID-19 cases was 3,938, continuing a sharp rise around 4,000 cases daily since the 24th. Seegene's stock price had also risen 12.97% on the 24th, when the number of confirmed COVID-19 cases exceeded 4,000 for the first time this year.
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