[Featured Stock] Wemade Soars from 30th to 10th in KOSDAQ Market Cap Thanks to Mir4's Success

[Asia Economy Reporter Ji Yeon-jin] Wemade's stock price surged following the recent success of its mobile game Mir4, propelling it into the top 10 of the KOSDAQ market capitalization rankings.

As of 10:35 AM, Wemade's shares were trading at 99,900 KRW, up 4.06% (3,900 KRW) from the previous trading day on the KOSDAQ market. Its market capitalization reached 3.2825 trillion KRW, jumping 20 places from 30th (1.6118 trillion KRW) the day before.

Wemade's stock price rose sharply for three consecutive days after a 16.86% increase on the 1st, when the domestic stock market was plunging, hitting an intraday high of 102,700 KRW and setting a new 52-week high.

This surge in stock price is due to the global success of the massively multiplayer online role-playing game (MMORPG) Mir4. Analyst Yuseongman from Leading Securities stated, "The Mir IP, which was previously limited to the Asian region, is now attracting gamers from the Americas and Europe, becoming a global game IP." He added, "Wemade's expected revenue this year is 309 billion KRW, a 144.5% increase compared to the previous year, with operating profit reaching 113.2 billion KRW." He further recommended, "The target stock price is 105,000 KRW, and the investment opinion is a buy."

This content was produced with the assistance of AI translation services.