Global Competitiveness Lifts Lunit; Stock Rises 5% Early in Session [STOCK NOW]

[Financial News] Medical artificial intelligence (AI) company Lunit gained more than 5% early in the session, trading strongly.
As of 9:09 a.m. on the 21st, Lunit was trading at KRW 9,360, up KRW 520, or 5.88%, from the previous session. It surged as high as KRW 10,330 early in the session, marking a gain of 16.86%. Buying interest was concentrated in the stock, with trading volume exceeding 3.6 million shares.
The gain is attributed to a combination of broad advances in the South Korean stock market, Lunit's inclusion in Time's list of the "World's Best HealthTech Companies 2026," and bargain-hunting buying following the recent stock-price correction.
Lunit announced on the 18th that it had been selected for Time's "World's Best HealthTech Companies 2026." Time evaluated health-tech companies in more than 30 countries worldwide with global data specialist Statista and selected 500 companies for this year's list. Lunit was included in the Diagnostics category, one of six fields.
The evaluation considered financial performance, reputation analysis, and online engagement. In particular, Lunit is targeting the cancer-diagnostics market with its AI-based medical imaging analysis solutions. The selection is seen as reaffirming the company's competitiveness as a global medical AI provider.
Lunit is expanding its overseas business centered on Lunit INSIGHT. As of the second quarter of last year, 95% of its total revenue came from overseas markets. Through partnerships with global medical-device companies such as GE HealthCare, Philips, and Fujifilm, it is broadening its market reach. Lunit's AI solutions have been adopted by more than 10,000 medical institutions in over 70 countries worldwide.
The recent stock-price correction also appears to have contributed to the gain. A Lunit representative said, "As the stock price has undergone an excessive correction, bargain-hunting buying interest could flow into the stock." The representative added, "Recognition of our business competitiveness in global markets could also have a positive effect on investor sentiment."

[email protected] Kang Jung-mo Reporter