Investors short sell Doosan Infracore shares ahead of affiliate’s IPO price forecast
Oct 14, 2016
[ THE INVESTOR ] Doosan Infracore appears to have been a major target of short selling last week ahead of its price range announcement for the initial public offering of its affiliate Doosan Bobcat, market watchers said on Oct. 14. After completing a demand forecast early Oct. 10, Doosan Infracore offered a price band of between 40,100 won (US$35.50) and 50,000 won for the IPO aimed at impro...