[Featured Stock] Georyejaeg Kumyang Drops Over 16%... New Low

Geumyang, which had its trading suspended due to being designated as a non-compliant disclosure corporation and a management stock, is plummeting after trading resumed.

As of 9:20 a.m. on the 6th, Geumyang is trading at 14,890 KRW, down 2,880 KRW (16.21%) from the previous close. During the session, it fell to 13,230 KRW, marking a 52-week low.

The Korea Exchange designated Geumyang as a non-compliant disclosure corporation on the 5th due to the reversal of a paid-in capital increase disclosure. Additionally, Geumyang accumulated 17 penalty points, exceeding the management stock designation threshold of 15 points, and was also designated as a management stock. Trading was suspended the previous day due to the management stock designation.

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