[Breaking News] Makinarocks Surges 20% as VI Activated Twice in Early Trading... Defying Broad Market Plunge
On the morning of the 5th, while the two major indices, KOSPI and KOSDAQ, are plunging, Makinarocks (477850) is surging and showing a strong upward trend. As of
What to know
- On the morning of the 5th, while the two major indices, KOSPI and KOSDAQ, are plunging, Makinarocks (477850) is surging and showing a strong upward trend. As of
![[Breaking News] Makinarocks Surges 20% as VI Activated Twice in Early Trading... Defying Broad Market Plunge](https://www.cbci.co.kr/news/photo/202606/579715_393656_2451.jpg)
On the morning of the 5th, while the two major indices, KOSPI and KOSDAQ, are plunging, Makinarocks (477850) is surging and showing a strong upward trend.
As of 9:21 a.m. today, Makinarocks' stock price is trading at 31,900 won, up 20.60% from the previous day.
As the stock price skyrocketed, the Volatility Interruption (VI) was activated twice consecutively early in the trading session today. The first VI was activated at 9:00 a.m. and lifted at 9:02 a.m., followed by another activation around 9:09 a.m., which was lifted around 9:12 a.m.
Meanwhile, the domestic stock market is currently experiencing an overall sharp decline. KOSPI has fallen by more than 6%, and KOSDAQ has dropped by more than 3%, respectively.
Market attention is focused on what kind of closing mark Makinarocks will achieve ahead of the weekend, even amid the plunging market. Meanwhile, Makinarocks was previously listed on May 20.