KAL(1P) shares plunge 25.3% on KOSPI as benchmark rises
The KOSPI-listed stock dropped sharply while the benchmark index gained 4.4%, with the fall driven entirely by company-specific factors.
The KOSPI-listed stock dropped sharply while the benchmark index gained 4.4%, with the fall driven entirely by company-specific factors. Published 2026-11-11 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
Shares in KAL(1P) (003495.KS) fell 25.3% on Wednesday, leaving the stock at 28,500 KRW, well below its 52-week high of 47,500 KRW. The drop occurred even as the KOSPI index rose 4.4% in the previous session. No source provided a reason for the fall.
Stock erases recent gains
The price represents a sharp reversal for the stock, which had surged 75.0% over the past month and 77.4% over three months. Trading volume reached 1,796,469 shares, with a market capitalisation of 10.49 trillion KRW. Falling Shares attributes 29.0% of the move to company-specific factors, compared to 0.9% from the market.
Falling Shares rates the stock Unstable, citing annualised volatility of 75.7% compared to 46.6% for the benchmark. The stock has recorded three sessions with moves of 5% or more in the past six months. Recent volatility is now 2.9 times its one-year norm, standing at 128% annualised.
Financial metrics raise concerns
The company faces structural financial pressures, with debt standing at 2.29 times shareholders' equity. Short-term liquidity is tight, as the current ratio sits at 0.59, meaning current assets are less than half of liabilities due within a year. The stock is currently trading near its 52-week high of 47,500 KRW, having previously touched a low of 20,200 KRW.