EcoPro shares fly high on battery frenzy
newscatcher
2023-07-10 07:33
EcoPro shares fly high on battery frenzy
(EcoPro)Shares of South Korean battery materials firm EcoPro rose to over 1 million won ($766.58) during trading hours Monday, surpassing a significant bar for a stock listed on Kosdaq.The stock price of EcoPro hit 1.01 million won Monday, higher than its previous closing price of 988,000 won. It fell back to 997,000 won as of 1:28 p.m. later in the day, bringing the market cap to 26.41 trillion won.EcoPro share prices have risen sharply, showing an 822 percent jump from 110,000 won on Jan. 2. The share prices have reached nearly double the target stock price of 425,000 won, an average of figures suggested by local brokerage firms.

https://n.news.naver.com/mnews/article/044/0000247978?sid=104

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