Doosan's stock has plummeted by 38.0% in just ten days.

COMPANY / Reporter Kim Jisun / 2024-07-29 04:47:23

Photo = Doosan Group

 

[Alpha Biz= Reporter Kim Jisun] According to the Korea Exchange on the 27th, Doosan's stock price, which peaked at 263,500 won on the 12th, has fallen by 38.0% to 163,400 won by the 26th, just ten trading days later. Doosan Robotics closed at 72,700 won on the 26th, marking a 31.2% drop from its closing price on the 12th. Doosan Bobcat ended at 42,500 won on the 26th, a 14.2% decrease from the closing price on the 19th.

According to financial information provider FN Guide, there were no sell recommendations for these three companies from the 11th, when Doosan announced its restructuring plan, until the 26th. Most reports were buy recommendations. Doosan Energy received a total of four buy recommendations, while Doosan Bobcat had two buy recommendations, one 'short-term buy', and two 'hold' opinions. Doosan Robotics and Doosan Corporation each received one buy recommendation.

Currently, Doosan Energy is the largest shareholder of Doosan Bobcat. Shareholders of both companies have raised concerns about the restructuring plan, which involves splitting off Doosan Bobcat from Doosan Energy and merging it with the loss-making Doosan Robotics.

 

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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