Trump’s Praise of Pen Spurs 60% Rally in Korean Stationery Stock
The Zenyle pen, which uses a MonAmi nib, that was gifted to President Donald Trump.
Source: South Korea's Presidential Office
A compliment from President Donald Trump sent shares of a South Korean pen maker to their highest level in 19 months.
MonAmi Co. shares jumped as much as 24% on Wednesday, bringing their two-day gains to more than 60%. The pen caught Trump’s attention during his first in-person meeting with South Korean President Lee Jae Myung on Monday at the White House.