Elice shares rebound up to 30% after 32% debut plunge

Briefing by News4U · First published

Korean data-center firm Elice recovered most of its first-day losses as U.S. tech earnings lifted sentiment.

Elice shares rose as much as 30% on Wednesday, recovering most of the 32% drop recorded on its Korean debut, sources said. [1] [2] [3] [4]

The stock touched 79,900 won per share; the Kospi index rose 3.1% and the Kosdaq index gained 2.5%. [2] [3]

U.S. technology companies' strong earnings reports boosted market sentiment and supported the rebound in Korean data-center infrastructure stocks. [2] [3]

Sources

  1. 快讯

    Wall Street CN · · Full text

  2. Elice 股价在上市首日暴跌后反弹 涨幅最高达30%

    Sina Finance · · Summary only

  3. 韩国数据中心公司Elice股价一度飙升30%

    Sina Finance · · Full text

  4. 快讯

    Wall Street CN · · Full text

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