[Special Stock] Pearl Abyss Declines for Second Day... Down Over 8%

[Asia Economy Reporter Kwon Jae-hee] Pearl Abyss, the developer of the game 'Black Desert,' has been on a decline for the second consecutive day due to sluggish entry into the Chinese market.

As of 9:46 AM on the 28th, Pearl Abyss is trading at 68,000 KRW, down 8.36% from the previous trading day.

The previous day, Pearl Abyss closed the market at 74,200 KRW, down 24.29%.

Earlier on the 26th, Pearl Abyss raised expectations as its China launch title, 'Black Desert Mobile,' topped the Chinese App Store game popularity rankings immediately after release. On that day, Pearl Abyss's stock price rose as much as 7.97% during trading hours to 98,900 KRW, sparking speculation about a possible recovery to the 100,000 KRW level.

However, the stock price plummeted as reports urging a conservative approach to future sales forecasts were released one after another in the securities industry.

Kim Ha-jung, a researcher at Daol Investment & Securities, analyzed, "The China launch title 'Black Desert Mobile' recorded a disappointing initial sales performance, ranking 29th in the App Store sales rankings as of 6 AM on the 27th, 22 hours after its release," adding, "No meaningful and sustained rebound has been found in traffic, revealing limitations in monetization."

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