[Featured Stock] Bucket Studio "Profit Taking? It Rises Again"

[Image source=Yonhap News]

[Asia Economy Reporter Hwang Junho] On the 10th, the stock price of Bucket Studio is rising again in the stock market.

As of 10:22 AM on the same day, Bucket Studio's stock price recorded 3,285 KRW, up 5.12% from the previous day.

It is analyzed that after profit-taking sales appeared due to the recent intensive upward trend, the price is rising again. This stock had risen for 8 trading days since the 28th, peaked with a 26.20% increase on the 8th, and then fell by 11.72% on the 9th.

Bucket Studio is an entertainment content distribution specialist company and holds a 15% stake in Artist Company, the agency of actor Lee Jung-jae. Recently, as expectations for the movie "Hunt," produced and starring Lee Jung-jae, have grown, Bucket Studio also showed an upward trend.

In addition, Bucket Studio decided on a paid-in capital increase to raise funds for acquiring securities of other corporations. On the 8th, it decided on a third-party allotment paid-in capital increase worth 30,000,264,000 KRW. A total of 12,406,948 common shares will be newly issued, with the issue price per share set at 2,418 KRW.