[Featured Stock] The Humiliation of National Stock Kakao... 'Sharp Drop Below 50,000 Won'

[Asia Economy Reporter Lee Seon-ae] Kakao, which has become a national favorite stock, continued its downward trend recently and plunged again on the 11th, falling below 50,000 won in the early trading session.

At 10:11 a.m. that day, Kakao was trading at 49,600 won, down 2.65%. Right after the market opened, it dropped to 48,800 won, setting a new 52-week low. On the 7th, the stock price fell by more than 7%. The decline in Kakao's listed subsidiaries is also significant. Kakao Games, Kakao Pay, and Kakao Bank have all consecutively hit new 52-week lows.

As the 'national stock' Kakao continuously lists its subsidiaries, its corporate value has been damaged. Ultimately, it has been criticized for splitting off profitable businesses through physical division, benefiting only major shareholders while the losses are borne entirely by individual investors. Kakao, a representative growth stock in the domestic stock market, is expected to continue its sluggish trend as interest rate hikes increase the discount rate on future earnings, inevitably causing a negative impact.

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