Kakao, Stock Price -0.56% at This Time....'Premium'

As of 10:30 AM on the 26th, Kakao is trading at 266,500 KRW, down 0.56% from the previous day. The trading volume is 2,124,550 shares, which is 81.03% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On May 21, Hwang Seung-taek, a researcher at Hana Financial Investment, stated, "Unlike the first quarter, which maintained the previous quarter's level, KakaoTalk Biz Platform advertising revenue in the second quarter is expected to achieve double-digit growth compared to the first quarter. Attention is focused on the visible growth of Kakao Pay and Mobility. 1) Performance improvement based on core services, 2) securing market competitiveness and profitability of new businesses, and 3) re-evaluation of consolidated value through subsidiary listings will be the core of fundamental improvements and stock price momentum driving Kakao." He set Kakao's target price at 280,000 KRW.

Over the past five days, individual investors have net purchased 593,526 shares of Kakao, while foreigners and institutions have net purchased 64,269 shares and net sold 637,366 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and financial AI specialist company Thinkpool.