ISU Specialty Chemical skyrocketed 485% in just 9 days... Eventually suspended

Reporter Kim Jisun / approved : 2023-06-14 03:00:09
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[Alpha Biz=(Chicago) Reporter Kim Jisun] Isu Specialty Chemicals, a newly established corporation that spun off Isu Chemical's fine chemical business division, has continued a sharp rally for 9 consecutive trading days since its re-listing, and received a trading suspension from the Korea Exchange.

According to the Korea Exchange on the 13th, Isu Specialty shares closed at 403,000 won, up 30% from the previous trading day.

Isu Specialty is a company that operates precision chemistry and solid battery materials business and was re-listed on the stock market on the 31st.

After hitting the upper limit on the first day of listing, it has risen for nine consecutive trading days, and the stock price, which was in the early 80,000 won range at the time, has soared to the 400,000 won range.

The exchange has designated ISOO Specialty Chemical as an investment warning item due to soaring short-term stock prices since the 9th, but suspended one-day trading on the 14th as the stock price rose further and designated it as an investment risk item as it hit the upper limit on the same day.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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