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World's Best-Performing Stock of 2023 Gained Almost 600%

(Bloomberg) -- The frenzied adoration of South Korean retail traders for everything EV battery-related has sparked a meteoric rally of one cathode producer, making it the world’s best-performing stock this year. Most Read from BloombergVilified Zero-Day Options Blamed by Traders for S&P DeclineS&P Logs Worst Day in Two Months, Bonds Power On: Markets WrapThe Hedge Fund Traders Dominating a Massive Bet on BondsTrump Barred From Colorado Ballot in Unprecedented RulingCitigroup Is ...
Kum Yang Kyongsang Namdo South Korea Soult Ukpyolsi South Korean Bloomberg Businessweek
Source: yahoo.com

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Sudden Reversal of 1,000% Rally Shows Day-Trader Danger in Korea

(Bloomberg) -- It was a moment of triumph for South Korea’s retail investors, when a jump in Ecopro Co. to a record high showcased the influence that they wield over the stock market. But the surge was gone in less than 60 minutes.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgage Rate Is Seen as Tip...
South Korea Kangwon Do Kum Yang Kyongsang Namdo Bloomberg Businessweek Hongcheol Kim
Source: yahoo.com

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