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[Featured Stock] DearU Plummets on News of Lock-up Release

[Featured Stock] DearU Plummets on News of Lock-up Release

[Asia Economy Reporter Lee Jung-yoon] DearU is showing a weak trend following the news of the release of locked-in shares.


As of 11:05 AM on the 10th, DearU is trading at 36,950 KRW, down 9.99% from the previous day.


DearU was listed on November 10th last year, and on this day, 1,764,770 shares will be released from lock-up. This corresponds to about 8% of the total issued shares.


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