by Son Seonhee
Published 26 Apr.2023 09:31(KST)
Stocks such as Samchully, Daesung Holdings, Seoul Gas, and Seongwang, which are suspected of being exploited for stock price manipulation by certain groups, have fallen into a three-day consecutive limit-down slump.
On the 26th, the stock prices of the four companies?Samchully, Daesung Holdings, Seoul Gas, and Seongwang?plummeted early in the trading session, hitting the price limit down (-30%). All four stocks have hit the limit down for three consecutive trading days. Samchully's stock price, which was trading around 500,000 won until last week, dropped to 171,000 won on this day.
Along with these stocks, Dow Data and Sebang, which are also known to be involved in the stock price manipulation, avoided the limit down but experienced significant declines in the 20% range. Dow Data is trading at 16,900 won, down 20.84% from the previous trading day, and Sebang is trading at 16,300 won, down 22.93%.
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