Shares of South Korean cloud operator Elice have surged over 55% in two days, hitting 99,900 Korean won during Thursday's trading, surpassing its IPO price of 90,500 won for the first time.
Shares of South Korean cloud operator Elice rose for a second consecutive day, climbing as much as 25% to 99,900 Korean Won during Thursday's trading session, recovering its IPO price of 90,500 Korean Won for the first time. The previous day, the stock had closed at its daily limit, up 30%. This rebound was primarily driven by retail investors, indicating that some investors are still betting on the long-term logic of the AI infrastructure sector.
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