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[Breaking] Hanwha Aerospace Plunges Below 1 Million Won... Falls to 950,000-Won Range Despite Sidecar VI Trigger

As of 12:31 p.m. on the 9th, Hanwha Aerospace (012450) was trading at 954,000 won, down 87,000 won (8.36%) from the previous trading day, surrendering the 1 mil

Oseong Kwon
Staff Reporter
2 min read
[Breaking] Hanwha Aerospace Plunges Below 1 Million Won... Falls to 950,000-Won Range Despite Sidecar VI Trigger
CBC News

As of 12:31 p.m. on the 9th, Hanwha Aerospace (012450) was trading at 954,000 won, down 87,000 won (8.36%) from the previous trading day, surrendering the 1 million won mark. This is the first time the stock has fallen below 1 million won since the 30th of last month.

Amid the sharp decline today, a sidecar volatility control device (VI) was triggered for Hanwha Aerospace at 12:14:06 p.m., and subsequently lifted at 12:16:22 p.m. The stock has been on a downward trend for four consecutive trading days from the 6th through today.

Following the recent short-term surge in share price, profit-taking sell orders are emerging, and intraday volatility is expanding, somewhat dampening investor sentiment. While the decline continues even after the VI trigger, market attention is focused on whether the stock can find a catalyst for a rebound through shifts in supply and demand during the afternoon session.

[※ This article is provided as reference material for investment decisions, and the final responsibility for investment lies with the investor.]

Oseong Kwon
Staff Reporter

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