Kakao, 'Pajukjise' Stock Price at 262,000 Won (6.07%)

As of 12:30 PM on the 25th, Kakao is trading at 262,000 KRW, up 6.07% from the previous day. The trading volume is 1,666,242 shares, which is 89.04% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On May 20, Donghee Kim, a researcher at Meritz Securities, stated, "Mobility and Pay are also showing growth potential with KakaoT Blue and Kakao Pay Securities, respectively. The cash cows of advertising/gift sending/Melon/games and the reduction of operating losses in new businesses are amplifying the operating leverage effect. Talkboard sales recovered from March after a sluggish start in January and February, and in April, daily sales reached about 500 million KRW, similar to December of the previous year. Commerce sales are expanding into the e-commerce market including exchanges, delivery gifts, Talk Deal, and Talk Store due to the spread of contactless consumption." He set Kakao's target price at 270,000 KRW.

Over the past five days, individual investors have net purchased 292,819 shares of Kakao, while foreigners and institutions have net purchased 50,351 shares and net sold 330,766 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.