Sam Chun Dang Pharm tumbles as doubts grow over rally

Shares of Sam Chun Dang Pharm extended losses Wednesday after a rally that had pushed the stock to the top of the secondary Kosdaq lost momentum with investors, casting doubt on the sustainability of the gains. The company’s shares traded at 754,000 won ($500), down 75,000 won, or 9.17 percent, from the previous session, as of 2 p.m. After opening at 760,000 won, the stock failed to rebound and continued to fluctuate in a weak range, even briefly touching the day's low of 753,000 won. The drop f

By The Korea Herald