Artificial intelligence (AI) tech company Crowdworks has hit the upper limit on its stock price for two consecutive days tied to the Lee Jae-myung theme stock.
According to the Korea Exchange on the 7th, Crowdworks' stock price hit the upper limit again on this day after doing so on the 4th. It rose 29.91% at the market's opening and is trading at 8,860 won.
Being linked to the Lee Jae-myung theme stock served as the driving force for the stock price increase. Kim Woo-sung, CEO of Crowdworks, serves as the external vice-chairman of the 'AI powerhouse committee' led by Lee Jae-myung, head of the Democratic Party.
CEO Kim is reported to have also attended the first meeting of the AI powerhouse committee held last month, where collaborative measures among corporations for building large language models (LLM) were discussed.
Crowdworks is a tech company that provides AI application solutions and has been listed as an excellent technology company for four consecutive years in the Gartner report, a U.S. information technology (IT) research firm.
It has also been selected as a supplier for the '2025 Data Voucher Support Project' organized by the Ministry of Science and ICT and the Korea Information and Communication Industry Association for seven consecutive years.