[Featured Stock] Netmarble Hits 52-Week High on Big Hit Listing News
[Asia Economy Reporter Geum Bo-ryeong] Netmarble hit a 52-week high on the 3rd following the listing news of Big Hit Entertainment.
As of 11:08 AM that day, Netmarble's stock price rose 6.36% (11,000 KRW) from the previous close to 184,000 KRW. During the trading session, Netmarble's stock price surged to 185,500 KRW, breaking the 52-week high.
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Netmarble is the second largest shareholder of Big Hit Entertainment, the agency of BTS (Bangtan Sonyeondan), holding a 24.87% stake. Big Hit Entertainment officially began its KOSPI market listing by submitting a securities registration statement to the Financial Services Commission the day before.
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