[Featured Stock] LaMeditech, 170%↑ Compared to IPO Price on First Trading Day

The KOSDAQ Market Division of the Korea Exchange held a listing ceremony for LaMeditech on the KOSDAQ Market at 9 a.m. on the 17th in the PR Center of the Seoul Headquarters.
[Photo by Korea Exchange]

LaMeditech is showing a surge of over 170% on its first day of trading on the KOSDAQ.

As of 9:21 AM, LaMeditech is trading at 43,550 KRW, up 27,550 KRW (172.19%) from its IPO price of 16,000 KRW.

Shortly after the market opened, the price rose to as high as 56,000 KRW but the upward momentum has gradually slowed.

LaMeditech is a beauty and medical device specialist company that owns core technology for ultra-compact lasers. Since its establishment in 2012, it has successfully commercialized ultra-compact high-power laser technology and offers a diverse product lineup including skin beauty and medical devices based on this technology.