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Theborn Korea shares plunge 57% from IPO price as stores fall below 3,000

Verifying
  • Theborn Korea is using discounts, regional development and overseas expansion to counter worsening performance.
  • 57%: The stock fell from its 34,000 won IPO price to 14,440 won.
  • Theborn Korea’s store count declined from 3,080 in 2024 to 2,993 in the first half.
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