NAVER, Stock Price Down 1.34% at This Hour... Foreigners Net Sell 1,028,987 Shares in Last 5 Days

As of 9:30 AM on the 13th, NAVER is trading at 295,000 KRW, down 1.34% from the previous day. The trading volume is 437,962 shares, which is about 20.87% of the previous day's volume. NAVER is known as the operator of Naver, the number one internet portal.

On July 8, analyst Joo Young-hoon of Eugene Investment & Securities stated, "The growth of Naver Shopping has accelerated since COVID-19. The 'Naver Plus Membership' will strengthen commerce competitiveness through lock-in effects. Based on the launch of Naver Plus Membership and Naver Bank, Naver's market dominance encompassing tech-finance and commerce is further strengthening. Despite concerns about valuation pressure due to recent stock price increases, expectations for the future remain greater." He set a target price of 330,000 KRW for NAVER.

Over the past five days, individual investors have net bought 976,725 shares of NAVER, while foreigners and institutions have net sold 1,028,987 shares and net bought 16,082 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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