As of 12:30 PM on the 1st, Netmarble is trading at 167,500 KRW, up 0.6% from the previous day. The trading volume is 1,255,232 shares, which is about 70.78% of the previous day's volume. Netmarble is known as the largest mobile game holding company in South Korea.


On August 31, Choi Jin-sung, a researcher at Hyundai Motor Securities, stated, "During the third quarter, MaguMagu 2020 was released domestically on July 8 and is currently ranked within the top 20 in sales on Google Play. Additionally, BTS Universe Story is scheduled to be released globally, excluding China. In the fourth quarter, the global launch of Marvel Realm of Champions, the domestic release of Seven Knights 2, the Nintendo Switch release of Seven Knights - Time Wonderer, and the global launch of A3: Still Alive are planned. After a slight pause in the third quarter, performance is expected to improve again starting in the fourth quarter." He set the target price for Netmarble at 150,000 KRW.


Over the past five days, individual investors have net sold 66,054 shares of Netmarble, while foreign investors and institutions have net bought 29,898 shares and 43,378 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.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing