TechnologySK battery materials affiliate surges in Seoul market debut
Shares in SK IE Technology double above IPO price amid electric car optimism
Shares in SK IE Technology, the battery materials affiliate of SK Innovation, began trading on the Seoul stock market on Tuesday. © Reuters
KIM JAEWON, Nikkei staff writer
May 11, 2021 10:18 JST
Updated on May 11, 2021 18:17 JST
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.