Business · Markets · 1 hr ago

Korea Circuit shares rise on forecast of strong third-quarter earnings

Korea Circuit shares rise on forecast of strong third-quarter earnings

Korea Circuit shares rose 12.56% on Oct.

20 after a forecast of strong third-quarter earnings.

The company was trading on South Korea’s KOSDAQ market at 72,600 won as of 9:34 a.m.

Meritz Securities expects memory-module sales to grow, with SoCAMM at the centre of that increase.

SoCAMM is the product named in the forecast as a driver of sales.

The strong earnings outlook helped lift the shares, though the forecast is not a report of actual third-quarter results.

The information provided does not say when Korea Circuit will release its results.

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