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Condom Manufacturers stock Soars After South Korea Decriminalizes Adultery

Condom Manufacturers stock Soars After South Korea Decriminalizes Adultery

A South Korean court has overturned the conservative Asian nation decades-old adultery law, and stock prices in two of the nation biggest condom manufacturer have risen sharply, Time is reporting. Shares in the country largest condom manufacturer, Unidus Corp., rose 15 percent on the news , the largest single-day gain allowed by the country Kosdaq market, according to The Guardian. …

World’s largest condom maker

Karex, As Malaysia’s No.1 condom manufacturer, which has around 10 percent of the global condom market, saw its shares surge as high as 2.50 Malaysian ringgit, or around $0.79, on its Malaysian debut, up from its 1.85 ringgit offering price. The stock closed at 2.45 ringgit. Meanwhile,Twitter’s trading debut, set for Thursday, is facing some skepticism among analysts who are worried …

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