Neobue Drops 29.88% on KOSDAQ Debut, Falls to 17,950 KRW on July 27

Tobis-44.00%
According to E-Daily, Neobue, which went public on the KOSDAQ exchange on July 27 through a spin-off from monitor and display maker Tobis, closed at 17,950 KRW, down 29.88% from its opening price of 25,600 KRW. The automotive display component manufacturer experienced sharp selling pressure on its first trading day, with market concerns focused on the company's ability to maintain performance under independent operations post-spinoff.
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