[Special Stock] Kakao Games Hits 'Ttah Sang' on First Day of Listing... Market Cap Ranks 5th

[Asia Economy Reporter Song Hwajeong] Kakao Games soared to the upper limit price as soon as trading began on its first day of listing, recording a 'Ttah Sang' (opening price formed at twice the IPO price on the first day of listing, followed by the upper limit price).

As of 9:04 a.m. on the 10th, Kakao Games recorded 62,400 won, up 30% from the opening price. On that day, Kakao Games' opening price was formed at 48,000 won, twice the IPO price, and then soared to the upper limit price immediately after the market opened.

Accordingly, Kakao Games' market capitalization reached 4.568 trillion won, ranking 5th in KOSDAQ market cap immediately after listing.

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