[Featured Stock] EcoproMati Falls Over 5% Following 'Investment Warning' Designation
On the 28th, EcoPro Materials is showing weakness in the early trading session.
As of 9:38 AM that day, the stock price of EcoPro Materials was trading at 118,200 KRW, down 5.14% compared to the previous session.
EcoPro Materials, which was newly listed on the 17th at an initial public offering price of 36,200 KRW, recently experienced a sharp surge in its stock price. In response, the Korea Exchange designated EcoPro Materials as an 'Investment Warning' stock for the day and requested a disclosure regarding significant market fluctuations. The deadline for the response is 6 PM on the same day.
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If the stock price rises more than 40% over two trading days after being designated as an investment warning stock and is higher than the price on the trading day immediately before the designation, trading may be suspended for one trading day. Investment warning stocks cannot be purchased on margin, and buyers must pay 100% of the entrusted collateral when purchasing.
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