[Featured Stock] BBCC Shows Weakness on First Day of KOSDAQ Listing... Below IPO Price

[Asia Economy Reporter Eunmo Koo] BBCC is showing weakness on its first day listed on the KOSDAQ market.

As of 9:19 AM on the 21st, BBCC was trading at 26,250 KRW, down 5.06% (1,400 KRW) from the opening price of 27,650 KRW. This is below the public offering price of 30,700 KRW.

Founded in 2008, BBCC is a company specializing in the manufacture of fine toothbrush bristles, recording sales of 19.1 billion KRW and a pre-tax net profit of 6.3 billion KRW last year.