NAVER Stock +2.64% at This Hour... Foreigners Net Buy 437,700 Shares in Last 5 Days
As of 9:30 AM on the 22nd, NAVER is trading at 331,000 KRW, up 2.64% from the previous day. The trading volume is 594,856 shares, which is about 30.8% of the previous day's volume. NAVER is known as the operator of Naver, the number one internet portal.
On January 21, Samsung Securities researcher Odonghwan Oh stated, "Naver has decided to acquire Wattpad, the largest web novel platform in North America, for approximately 600 million USD. The mid- to long-term strengthening effect on global content business competitiveness from the Wattpad acquisition is expected to offset the acquisition cost. This year, along with commerce, the performance of the global content sector is expected to drive NAVER's stock price increase." He set NAVER's target price at 400,000 KRW.
Over the past five days, individual investors have net sold 360,886 shares of NAVER, while foreigners and institutions have net bought 437,700 shares and net sold 55,946 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article automatic generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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