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[Breaking] LNFM Surge Triggers Sidecar During Session... Nearing Recovery of 100,000 Won Mark

LFN (066970) surged on the afternoon of the 10th, triggering a Volatility Intervention (VI) mechanism. The recovery of the 100,000 won share price threshold is now within reach. According to the Korea Exchange, a static VI was triggered for LFN at 1:41:21 p.m. today. As of 1:41 p.m., LFN is trading

Oseong Kwon
Staff Reporter
3 min read
[Breaking] LNFM Surge Triggers Sidecar During Session... Nearing Recovery of 100,000 Won Mark
CBC News

LFN (066970) surged on the afternoon of the 10th, triggering a Volatility Intervention (VI) mechanism. The recovery of the 100,000 won share price threshold is now within reach.

According to the Korea Exchange, a static VI was triggered for LFN at 1:41:21 p.m. today. As of 1:41 p.m., LFN is trading at 98,900 won, up 8,700 won (9.65%) from the previous trading day. Approaching a double-digit gain, market attention is focused on whether the stock can reclaim the 100,000 won level.

The broader domestic stock market is also showing strength today. At the same time, the KOSPI recorded 6,262.15, up 3.38 points (0.05%) from the previous session. In particular, the KOSDAQ's gain is notable, soaring 44.29 points (5.54%) from the previous session to 843.10. While the KOSDAQ is showing strength in the 5% range, LFN's share price also surged enough to trigger an intraday VI.

With the recovery of the 100,000 won mark imminent, the key point to watch going forward is whether the stock will break through this level in the latter half of the session or give back some of its gains to consolidate.

Meanwhile, stock market volatility may expand due to various domestic and international variables, requiring investors to approach with caution.

[※ This article is provided as reference material for investment decisions and does not recommend the purchase or sale of any specific stock.]

Oseong Kwon
Staff Reporter

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