[Featured Stock] EcoPro Falls 4% on News of Prosecutor's Search and Seizure
EcoPro fell more than 4% following news that the prosecution has launched an investigation.
As of 9:31 a.m. on the 20th, EcoPro was trading at 382,000 won, down 17,500 won (4.38%) from the previous trading day. EcoPro BM also dropped 2.60%.
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The Joint Investigation Unit for Financial and Securities Crimes of the Seoul Southern District Prosecutors' Office and the Financial Services Commission's Special Judicial Police conducted a search and seizure at EcoPro's headquarters. It is reported that there are indications that current and former EcoPro executives traded stocks using undisclosed information and gained unfair profits.
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