A South Korean instant noodle maker’s stock jumped after posting better-than-expected earnings with help from a product recently featured on social media by rapper Cardi B.
Shares of Samyang Foods soared by 30 per cent to a record high. With the recent attention surrounding its buldak noodles, the company’s stock has more than doubled this year, pushing its market value to nearly $US2.5 billion, surpassing that of rival NongShim for the first time since the 1980s.
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