Prodia Diagnostic Line is trading approximately 14% down today at IDR 332 as the stock sees profit-taking and price normalization after a week of extreme post-IPO gains.
- The stock listed on July 9 at IDR 120 and surged rapidly, repeatedly hitting upper limits before the current reversal.
- Selling pressure has intensified as early investors lock in gains and speculative momentum cools following the initial listing rally.