[Alpha Biz=(Chicago) Reporter Paul Lee] LS Materials surpassed 3 trillion won in market capitalization as it surged again.
According to the Korea Exchange on the 20th, LS Materials is trading at 44,850 won, up 12.41% from the previous trading day. The stock price, which started at 42,500 won, which rose 6.52% with the opening, once rose 27.07% to 50,700 won. The increase seems to have decreased in the afternoon due to profit-taking.
As stock prices rose, LS Materials' market capitalization jumped to KRW 3.376 trillion. It is ranked 13th in KOSDAQ.
LS Materials, which was listed on the KOSDAQ market on the 12th, rose 300% compared to the public offering price, recording "Tatable (four times the public offering price)." As a result, the market capitalization also reached 1.6237 trillion won on the first day of listing. Currently, the stock price is more than seven times higher than 6,000 won.
Meanwhile, LS Materials has been designated as an investment caution item on the same day. According to the market warning system, stocks that require investment attention, such as a sharp rise in stock prices for a certain period of time, are designated as "investment caution → investment warning → investment risk items."
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
