[Special Stock] Jooyeon Tech Attracts Funds to Metaverse... Mixed Reality Microsoft Partner Highlighted

[Asia Economy Reporter Yoo Hyun-seok] Jooyon Tech is showing strong performance. As metaverse-related stocks surged in the stock market, the company's past selection as a mixed reality (MR) partner by Microsoft has come into the spotlight.

As of 11:26 AM on the 20th, Jooyon Tech was trading at 1,875 KRW, up 3.59% (65 KRW) compared to the previous trading day.

Metaverse platform company Maxst recorded a general subscription competition rate of 6,763 to 1 the day before. This easily surpassed the all-time highest subscription competition rate of 4,397.67 to 1 set by mobile platform company NBT in January.

As a result, all metaverse-related stocks surged on this day. Alchera rose more than 20%, while Giant Step and Dexter increased by more than 15%.

Jooyon Tech was selected as an MR headset partner in 2017 when Microsoft began actively expanding its MR platform and ecosystem. The company also operated a VR cafe.