[Asia Economy Reporter Yoo Hyun-seok] SDN's stock price is on the rise. It appears that the fact that CEO Choi Ki-hyuk of SDN and former People Power Party lawmaker Yoo Seung-min both graduated from the University of Wisconsin graduate school is influencing the stock price. Daishin Information & Communication and Samil Corporation, connected through the University of Wisconsin alumni network, surged to the price limit, increasing interest in SDN.
As of 9:33 a.m. on the 23rd, SDN was trading at 3,520 won, up 20.96% (610 won) compared to the previous trading day.
The so-called ‘Yoo Seung-min theme stocks’ are collectively strong following news that former People Power Party lawmaker Yoo Seung-min’s approval rating reached double digits, placing him second among opposition presidential candidates.
According to a survey conducted by Realmeter commissioned by JTBC, Yoo ranked second among conservative opposition presidential candidates, following former Prosecutor General Yoon Seok-youl. Yoo’s approval rating was 14.4%, surpassing Hong Joon-pyo (11.2%), independent lawmaker, Ahn Cheol-soo (6.5%), leader of the People’s Party, and Choi Jae-hyung (6.0%), head of the Board of Audit and Inspection.
The sharp rebound in Yoo’s approval rating is interpreted as being influenced by the ‘wind of change’ brought by Lee Jun-seok, leader of the People Power Party, who recently became the first-ever 30-something floor leader in constitutional history.
This survey was conducted using 100% wireless and automated telephone response methods, with a 95% confidence level and a sampling error of ±3.1%. For more details, please refer to the website of the Central Election Survey Deliberation Commission.
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