Wise Planet Company, a newly listed stock, surged on the back of improving supply-demand dynamics in the KOSDAQ IPO market and a broader rally in newly listed shares.

The stock price surge is attributed to strong retail buying in newly listed KOSDAQ stocks rather than specific disclosures or individual positive news. This reflects the 'IPO rally' and revitalized KOSDAQ IPO market sentiment, with heavy retail inflows driving the price increase despite selling pressure from institutional and foreign investors.