VNG Shares Plunge Sharply, Hitting the Floor at Times

As of 1:39 PM on September 6, shares of VNG Corporation (UPCoM: VNZ) had dropped nearly 11%, with a slight recovery after hitting the floor during the morning session. Today's trading volume also reached a record high since the company’s listing on UPCoM.

On September 6, VNZ shares began to plunge sharply after 11 AM, hitting the floor price of VND 437,800 per share before the midday break.

In the afternoon session, a larger volume of shares began to change hands. By 2:25 PM, more than 15,200 shares had been traded, marking the highest liquidity for VNZ since its UPCoM debut. The average trading volume from the start of the year to the end of the September 5 session was under 2,000 shares per day. Data from VietstockFinance shows that the traded shares were valued at approximately VND 6.1 billion.

VNZ stock hit the floor at one point before making a slight recovery.

Data as of 1:59 PM on September 6.

VNZ's Performance Since Listing on UPCoM