Global Market: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunned

Elice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business software and plans to spend most of its IPO proceeds on launching portable modular data centres and related infrastructure.

Oct 20, 2026 - 09:00
 0  1
Global Market: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunned
Elice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business software and plans to spend most of its IPO proceeds on launching portable modular data centres and related infrastructure.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow