South Korea's political turmoil - impeached President Yoon Suk Yeol arrested
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
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Source: SeekingAlpha
Arrest of Yoon Suk Yeol: South Korean authorities arrested impeached President Yoon Suk Yeol on January 15, marking the first time a sitting president has been detained in the nation's history, following charges of insurrection related to his declaration of martial law.
Investigation and Political Impact: The arrest involved significant police presence and tactics to bypass security measures at Yoon's residence; he now faces potential severe penalties while the political situation remains tense, affecting market indices like the KOSPI.
Analyst Views on FLKR
Wall Street analysts forecast FLKR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLKR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 37.810
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Current: 37.810
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
