[Breaking News] Spire Surges 26% as VI Triggered by Positive News of 20.1 Billion KRW Supply Contract with U.S. Aerospace Company
Spire (347700) surged after signing a large-scale supply contract with a U.S. aerospace launch company, triggering a VI (market safety mechanism) during the aft
![[Breaking News] Spire Surges 26% as VI Triggered by Positive News of 20.1 Billion KRW Supply Contract with U.S. Aerospace Company](https://media.cbcglobe.com/tenants/cbc00000-0000-4000-8000-000000000001/media/cbc/2026/06/579783/4e4da2bfb8f012b9/variants/hero.webp)
Spire (347700) surged after signing a large-scale supply contract with a U.S. aerospace launch company, triggering a VI (market safety mechanism) during the afternoon session on the 11th.
On this day, the VI was triggered at around 1:35 PM at 35,000 won before being lifted at around 1:37 PM. As of 1:56 PM on the 11th, Spire is showing strong momentum, trading at 37,400 won, up 7,750 won (+26.14%) compared to the previous day. This continues the consecutive surge trend seen in the market on the 10th.
Amid this situation, attention is also focused on the future stock price movement following the news of the large-scale order. Previously, on the 10th, Spire announced in a regulatory filing that it had signed a special alloy supply contract worth 20,163,817,523 won with a U.S. global aerospace launch company.
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