[Special Stock] NCSoft Hits New High on Q1 Earnings Surprise Outlook
![[Special Stock] NCSoft Hits New High on Q1 Earnings Surprise Outlook](http://www.asiae.co.kr/news/img_view.htm?img=2020021715231363009_1581920593.jpg)
[Asia Economy Reporter Koo Eun-mo] NCSoft is showing strong performance, hitting a new all-time high. This appears to be influenced by expectations of an earnings surprise in the first quarter of this year.
As of 9:52 AM on the 4th, NCSoft was trading at 716,000 KRW, up 5.45% (37,000 KRW) from the previous trading day. During the session, it even rose to 717,000 KRW, setting a new 52-week high.
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On the same day, Kim Chang-kwon, a researcher at Mirae Asset Daewoo, stated in a report, "Lineage2M's average daily revenue in February recorded 4.5 billion KRW, an 11.2% increase compared to the previous month," and added, "Due to a large-scale update, easing competition intensity, and the COVID-19 situation, Lineage2M is likely to maintain similar performance in March as in January and February."
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