Dfc18 Jun 2026 10:11
According to South Korean financial press reports on June 18, 2026, Doosan Fuel Cell (336260.KS) shares plummeted roughly 11% to 15% in morning trading. This sharp decline stems from a combination of overnight large-scale insider share liquidation (block deal), high valuations, and compounding liquidity/debt anxieties.Local media outlets like Newsclaim and Sky Daily highlighted several interconnected reasons for the sudden sell-off:1. Total Exit by Doosan Family (Block Deal)The primary trigger for the overnight collapse was the announcement that 9 members of the Doosan Group owner family, including Chairman Park Jeong-won, successfully disposed of their entire remaining stake in the company.Massive Volume: The family sold 5,327,270 common shares, representing an 8.13% stake.Deep Price Discount: The shares were sold in an after-hours block deal at 51,528 KRW. This applied a steep 9.6% discount relative to the prior market close, which immediately dragged down the market price when trading opened