Kakao, Stock Price -0.76% at This Hour... 116,823 Shares Net Bought by Individuals in Last 5 Days
Kakao is trading at 454,500 KRW as of 10:30 AM on the 29th, down 0.76% from the previous day. The trading volume is 305,577 shares, which is about 33.35% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On January 26, Samsung Securities researcher Odonghwan Oh announced, "Kakao Page will absorb and merge with Kakao M and change its name to Kakao Entertainment. The merged company plans to unify the development of webtoon/web novel IPs and the production and distribution of video content to maximize synergy in the global content market," setting Kakao's target price at 570,000 KRW.
Over the past five days, individual investors have net purchased 116,823 shares of Kakao, while foreign investors and institutions have net sold 46,041 shares and 41,245 shares, respectively.
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※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article auto-generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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