[Featured Stock] Naver Hits All-Time High ... Rises to 4th in Market Cap
[Asia Economy Reporter Ji Yeon-jin] Naver (NAVER) recorded an all-time high in the stock market on the 22nd. Its market capitalization also surpassed Hyundai Motor and rose to 4th place.
Naver started the day with an upward trend and was traded at an all-time high of 350,000 KRW around 10:55 AM. Its market capitalization reached 56.6708 trillion KRW, surpassing Hyundai Motor's 55.6605 trillion KRW. Hyundai Motor was trading at 265,000 KRW, down 1.51% from the previous day.
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Naver has recorded an upward trend for two consecutive days since announcing the decision to acquire Canadian web novel platform Wattpad for approximately 653.3 billion KRW the day before.
This content was produced with the assistance of AI translation services.
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