As of 1:30 PM on the 24th, BigHit is trading at 177,500 KRW, down 1.39% from the previous day. The trading volume is 238,714 shares, which is 60.14% of the previous day's volume.


On November 19, Ji In-hae, a researcher at Hanwha Investment & Securities, stated, "Since BigHit's listing on the KOSPI, the stock has fallen approximately 34%, which can be interpreted as a price performance dominated by supply and demand. On November 16, institutional investors resumed trading of 1.33 million shares subject to a one-month lock-up period, so the supply and demand issue is considered settled for now. With BTS's comeback on November 20, utilization of Weverse, and year-end online and offline concerts, the artist momentum, which is the most fundamental positive factor for entertainment stocks, remains valid. There is a strong possibility of earnings upgrades, and it is recommended to actively use volatility caused by supply and demand as a buying opportunity." He set the target price for BigHit at 260,000 KRW.


Over the past five days, individual investors have sold a net 187,455 shares of BigHit, while foreigners and institutions have bought a net 31,970 shares and 173,418 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automatic 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.

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