ICHI Soars 10% as Investors Speculate on the “New Product” to Help Increase Revenues

The share price of Ichitan Group Public Company Limited (ICHI) soared ฿1.00/share or 9.80% to ฿11.20/share with a trading value of 623 million baht as of 15:25 local time in Thailand on January 14, 2021.

 

The increase in share price was due to the rumour circulated in the trading room about ICHI’s new product that could help increase the company revenue and earnings once the paperwork received approval for “medical usage”.