South Korea's Elice Shares Drop 28% in Market Debut
Elice, a South Korean company offering AI cloud services and AI-based education and business software, saw its shares plunge 28% on debut. The company raised 201.1 billion won ($150 million) in its IPO and plans to invest most of the proceeds in launching portable modular data centres and related infrastructure. Data centre stocks faced market shunning.
ET Markets·



