Kumho Tire successfully rebounded during the trading session on the 11th, recovering to the mid-7,000-won range. As the stock has recently repeated sharp gains and losses, the company's improving Q2 fundamentals are clashing with short-term profit-taking pressure, leading to expanded volatility.

Intraday Rebound... Trading Volume Exceeds 25 Million Shares As of 2:29 p.m. on the 11th, according to the Korea Exchange (KRX), Kumho Tire (073240) is trading at 7,470 won, up 100 won (1.36%) from the previous trading day. Trading volume for the day has reached 25,184,180 shares, reflecting active trading. The stock showed weakness, falling around 4% at one point during the session, but turned upward in the afternoon. This is interpreted as a pattern where profit-taking sell-offs following the recent surge compete with bargain-hunting buy orders.

Sharp Gains and Losses Repeated Over the Past 6 Trading Days Kumho Tire's stock price has shown notable volatility recently. Starting at 6,430 won on the 3rd, the stock surged for three consecutive trading days: 6,900 won (+4.95%) on the 4th, 7,200 won (+3.15%) on the 5th, and 7,920 won (+7.32%) on the 6th. It then slipped slightly to 7,870 won on the 7th, fell to 7,370 won (-5.63%) on the 10th, and is now attempting another rebound on the 11th.

Q2 Operating Profit of 182.2 Billion Won... Up 24% Quarter-on-Quarter The market is also paying attention to the recently disclosed Q2 earnings. On a consolidated basis for the second quarter of 2026, Kumho Tire recorded revenue of 1.3328 trillion won and operating profit of 182.2 billion won. Operating profit increased by approximately 24% compared to the previous quarter. The company explained that robust sales of high-margin products, centered on North America and Europe, supported its performance. Previously, in the first quarter, the company also recorded revenue of 1.1678 trillion won and operating profit of 147 billion won. At the time, the proportion of high-inch products of 18 inches or larger sold was 45.1%, and the share of electric vehicle tire supplies in global original equipment (OE) sales stood at 20.6%. The company's revenue target for this year is 5.1 trillion won.

Future Checkpoints... Supply and Demand Changes Also a Variable After rapidly rising from the 6,000-won range at the end of last month to the upper 7,000-won range recently and then undergoing a correction, positive factors such as improved earnings and profit-taking demand driven by the short-term surge are simultaneously at play. Going forward, the market expects that sales trends in North America and Europe, the expansion of the share of high-inch and EV tires, raw material prices and exchange rates, and global automobile demand will serve as major checkpoints. In particular, it is necessary to keep in mind that in sections where trading volume has increased significantly, the stock price may move sensitively not only to earnings but also to changes in supply and demand.

[This article is information for investment reference only and does not recommend buying or selling specific stocks. The stock market may experience expanded price volatility depending on corporate performance, supply and demand, exchange rates, and external variables, so investment decisions and responsibilities lie with the investor. This article was written with AI assistance.]