Kakao, 353,009 Shares Net Sold by Individuals in Last 5 Days... Stock Price 462,000 KRW (-2.43%)

Kakao is trading at 462,000 KRW as of 2:30 PM on the 26th, down 2.43% from the previous day. The trading volume is 698,073 shares, which is 97.55% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On January 26, Samsung Securities researcher Odonghwan Oh announced, "Kakao Page will absorb and merge with Kakao M and change its name to Kakao Entertainment. The merged company plans to unify the development of webtoon/web novel IP and the production and distribution of video content to maximize synergy in the global content market," setting Kakao's target price at 570,000 KRW.

Over the past five days, individual investors have net sold 353,009 shares of Kakao, while foreigners and institutions have net bought 271,768 shares and 83,556 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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