Business · Markets · 2 hrs ago
Seers shares fall 26% after third-quarter operating loss
Seers shares fell 26% early on Nov.
6 on South Korea’s KOSDAQ market.
The company makes wearable AI tools for diagnosis and monitoring.
The fall followed news that Seers recorded an operating loss in the third quarter.
At 9:41 a.m., the shares were trading at 15,310 won, down 5,390 won from the previous trading day.
The company’s main product had a delayed supply schedule, a factor mentioned alongside the quarterly results.
The available information gives no further detail on what happens next.
Seers shares fell 26.04% in early trading on the KOSDAQ on November 6.
At 9:41 a.m., the shares were trading at 15,310 won, down 5,390 won from the previous trading day.
The fall followed news that the wearable AI diagnostics and monitoring company recorded an operating loss in the third quarter.
The article said delays to the supply schedule for a main product were involved, but the available text ends before giving further details.
- Who
- Seers, a wearable AI diagnostics and monitoring company.
- What
- Its shares fell 26.04% in early trading after news of a third-quarter operating loss.
- When
- November 6, at 9:41 a.m.
- Where
- The KOSDAQ market.
- Why
- The decline followed news that Seers recorded a third-quarter operating loss.
This story does not have two clearly opposing sides.
Seers recorded an operating loss.
Seers shares were down 26.04% at 15,310 won on the KOSDAQ.
- Share-price fall
- 26.04%
- Share price
- 15,310 won
- Change from previous trading day
- Down 5,390 won
- Trading venue
- KOSDAQ
- Company
- Seers