[Featured Stock] Wemade Max, Up 8% for Third Consecutive Day...

[Asia Economy Reporter Kwon Jae-hee] The stock price of Wemade Max has been on the rise for three consecutive trading days. This follows CEO Jang Hyun-guk of Wemade hinting at additional mergers this year.

According to the Korea Exchange on the 18th, Wemade Max was trading at 29,200 KRW as of 2:16 PM, up 8.35% compared to the previous day.

Wemade Max also closed up 19.58% and 5.07% on the 16th and 17th, respectively, compared to the previous trading days.

The driving force behind Wemade Max's stock price was CEO Jang Hyun-guk's indication of the possibility of additional mergers. On the 16th, CEO Jang held a press conference and mentioned the potential for further mergers this year, such as with the developer of "Mir M," similar to how Wemade Max merged with Wemade Next, the developer of "Mir4."

Additionally, it is interpreted that a rebound buying trend emerged due to the judgment that the recent stock price decline was excessive.