The sharp decline follows allegations of insider trading linked to the company, formerly known asWiderplanet.
At one point, the stock hit the lower limit of 11,860 KRW (around $8.35).
We will actively cooperate to clear any misunderstandings,“Artist Companystated.
Artist Unitedspecializes in big data and AI-driven marketing platforms.
Established in 2010, it was listed on the KOSDAQ market in February 2011.
The company’s name was changed to Artist United in March 2023 and merged withArtist Companyin November.
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