[Featured Stock] Kakao Games Rises on Expectations for 'ArcheAge War'
Kakao Games is showing strong performance. This appears to be due to the promising success of the newly released MMORPG title, 'ArcheAge War.'
As of 9:25 AM on the 22nd, Kakao Games' stock price is trading at 42,150 KRW, up 1,200 KRW (2.80%) from the previous day.
Since the start of pre-registration on the 20th, ArcheAge War has ranked number one in iOS download rankings, and it also secured the top spot in sales rankings just 4 hours and 40 minutes after its release.
Donghwan Oh, a researcher at Samsung Securities, stated, "This speed is faster than the Lineage series (7 to 16 hours) and HIT2 (13 hours), and is similar to Odin, which reached number one in 4 hours, the fastest ever. Considering differences in past market size and competition intensity, it is judged to be achieving a smooth initial success."
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Furthermore, on the first day of release, the 21st, all 32 prepared servers recorded 'congested' status due to the influx of users.
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