[Featured Stock] DoubleU Games Rises Over 8% on Securities Firms' Earnings Improvement Outlook
[Asia Economy Reporter Minji Lee] W Games is showing strength as expectations rise that its second-quarter earnings improvement could be even greater.
At 9:37 a.m. on the 7th, W Games was trading on the KOSPI market at 62,800 KRW, up 8% from the previous session.
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So-hye Kim, a researcher at Hanwha Investment & Securities, stated, "Considering that the impact of the novel coronavirus (COVID-19) in the North American region began to intensify from the end of March, the possibility of increased sales in the second quarter is very high," adding, "If the sales rebound of W Casino (DDU) becomes visible, the earnings outlook for the second half of the year will be even higher."
This content was produced with the assistance of AI translation services.
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