Kakao, "The Reason It Has No Choice But to Keep Going, Perhaps an Inevitable Outcome" Stock Price 264,000 Won (-2.22%)

As of 10:31 AM on the 27th, Kakao is trading at 264,000 KRW, down 2.22% from the previous day. The trading volume is 723,287 shares, which is about 22.4% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On May 27, Jaeho Choi, a researcher at DS Investment & Securities, stated, "Due to the increase in untact consumption triggered by COVID-19, most of the company's business consists of online platform operations, resulting in structural benefits. These benefits are not temporary. 1) Based on the mega traffic of 45 million MAU users, despite the contraction of the advertising market, Talk Board sales, which performed well in 1Q20, are expected to show stronger growth during the advertising market recovery in the second half of the year, and 2) growth is expected to continue with the expansion of user experience through techfin and paid content." He set Kakao's target price at 330,000 KRW.

Over the past five days, individual investors have net purchased 878,256 shares of Kakao, while foreigners and institutions have net sold 54,770 shares and 839,520 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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