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Deiyeon Tech's KOSDAQ Debut: Stock Plummets 40%!

1/26/2025

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Story summary
  • Deiyeon Tech's KOSDAQ debut saw its stock plummet nearly 40%, from 13,000 won to 7,800 won.
  • Despite strong pre-IPO demand, the startup experienced significant sell-offs with a 115 to 1 investor ratio.
  • CEO Lee Kang-min plans for global expansion and aggressive growth strategies following the IPO.
  • Analysts worry about maintaining investor trust after this challenging start, especially against competitors like Astera Systems.
  • Immediate adjustments and transparency are vital for Deiyeon Tech's future in the education sector.