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[Breaking] Sammi Metal Shares Surge 18.88%... Sidecar VI Triggered

Sammi Metal (012210) surged during the session, triggering the Volatility Interruption (VI) mechanism. According to the Korea Exchange on the 22nd, Sammi Metal's sidecar VI was triggered at 10:58:57 a.m. that day and lifted at 11:01:18 a.m. As of 11:20 a.m., Sammi Metal was trading at 13,220 won o

Oseong Kwon
Staff Reporter
2 min read
[Breaking] Sammi Metal Shares Surge 18.88%... Sidecar VI Triggered
CBC News

Sammi Metal (012210) surged during the session, triggering the Volatility Interruption (VI) mechanism.

According to the Korea Exchange on the 22nd, Sammi Metal's sidecar VI was triggered at 10:58:57 a.m. that day and lifted at 11:01:18 a.m.

As of 11:20 a.m., Sammi Metal was trading at 13,220 won on the KOSDAQ market, up 2,100 won (18.88%) from the previous trading day. The broader market was also trending higher. At the same time, the KOSDAQ index stood at 842.59, up 6.32 points (0.75%) from the previous session.

The VI is a system designed to cool market overheating by switching to single-price trading for two minutes when an individual stock's price fluctuates sharply beyond a certain range.

Attention is now focused on how Sammi Metal's share price will move going forward.

[This article is provided as reference material for investment decisions and is not intended to solicit investment. Responsibility for investment decisions rests with the investor.]

Oseong Kwon
Staff Reporter

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