SEOUL -- SK IE Technology, the battery materials affiliate of SK Innovation, made a strong debut on the Seoul stock market on Tuesday, with its shares initially doubling above the initial public offering price before giving up a chunk of their early gains.
SK IET raised $2.2 trillion won ($2 billion) in its IPO, floating 21.4 million shares at a price of 105,000 won per share and marking Seoul's largest IPO since Netmarble Games raised 2.7 trillion won in May 2017.
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