Cosmo Robotics is hitting the upper price limit for the third trading day after its listing.
At 9:53 a.m. on the 13th, on the KOSDAQ market, Cosmo Robotics was trading at 40,550 won, up 9,350 won (29.97%) from the previous session's closing price.
On the 11th, its first day of listing, Cosmo Robotics closed at 24,000 won, four times the offering price. The previous day, it also finished at the upper price limit of 31,200 won, up 7,200 won (30%).
Founded in 2016, Cosmo Robotics is a wearable robot specialist company. It has a wearable robot portfolio that spans from preschool children to older adults.
It manufactures wearable robots that help gait rehabilitation for patients with stroke, cerebral palsy, and spinal cord injuries; assistive walking robots that support independence in daily life; and industrial wearable robots that reduce workers' physical burden.