[Featured Stock] VT Surges Over 8% on Foreign and Institutional Buying
VT is soaring over 8% due to buying pressure from foreigners and institutions.
As of 2:17 PM on the 28th, VT is trading at 29,250 KRW, up 8.33% (2,250 KRW) from the previous day. The buying activity from foreigners and institutions is notable.
As of 1:11 PM, foreigners and institutions have net purchased 1.526 billion KRW and 110 million KRW worth of shares, respectively.
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The flagship product, 'Needle Shot,' gained popularity through word of mouth at Daiso and Olive Young, driving the company's performance. As a result, the first-quarter earnings this year recorded the largest quarterly scale ever, attracting market attention. First-quarter sales increased by 113% year-on-year to 101.8 billion KRW, and operating profit surged 3,776% to 24 billion KRW.
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