[Featured Stock] KCC Glass Experiences Sharp Stock Price Drop on First Day of Re-listing After Demerger

[Asia Economy Reporter Eunmo Koo] KCC Glass's stock price is plummeting on the first day of its re-listing on the KOSPI market after a spin-off.

As of 10:18 AM on the 21st, KCC Glass was trading at 56,800 KRW, down 28.64% (22,800 KRW) from the previous trading day.

KCC Glass, which was re-listed today, is a newly established company spun off from KCC. Previously, KCC spun off its glass, flooring, building materials, and interior distribution business divisions into KCC Glass.