Stock Market News

Jeju Air shares plunge to record low after deadly plane crash

12/29/2024

Less than a minute

2024.12.29 19:31

© Reuters. People stand as the wreckage of an aircraft lying on the ground after it went off the runway and crashed at Muan International Airport is pictured, in Muan, South Korea, December 30, 2024. REUTERS/Kim Soo-hyeon

SEOUL (Reuters) – Shares of South Korean budget carrier Jeju Air hit their lowest level on record on Monday, after a deadly plane crash that killed 179 people.

Jeju Air shares traded down 10.6% as of 0019 GMT, after falling as much as 15.7% to 6,920 won earlier in the session.

12/29/2024

Less than a minute

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