by Gi Yeonjin
Published 02 Nov.2021 09:37(KST)
[Asia Economy Reporter Ji Yeon-jin] Kukbo Design set a new record high again on the 2nd due to the sharp rise of Tesla in the U.S. stock market.
On that day, Kukbo Design traded up to 31,400 won, a 24.6% increase from the previous day, marking a 52-week high. As of 9:30 a.m., the stock price was 30,400 won, up 21.03% from the previous day.
The company also hit the daily limit on the 26th, when Tesla, the U.S. electric vehicle company, surpassed $1,000 per share, following news of Kukbo Design's Tesla shareholding. As of the end of June, Kukbo Design held 120,943 shares of Tesla. The acquisition cost was 72.6 billion won, and the book value was 92.8 billion won.
Earlier, on the 1st (local time), Tesla closed up more than 8% in the U.S. stock market after announcing a pilot program allowing other companies' vehicles to use 10 Supercharger stations in the Netherlands.
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