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[Featured Stock] VT Rises on Expectations of Expanding Demand in Japan and North America

VT's stock price is on the rise. Expectations for increased demand in both Japan and North America appear to be influencing the stock price.


[Featured Stock] VT Rises on Expectations of Expanding Demand in Japan and North America

As of 10:59 AM on the 2nd, VT is trading at 31,100 KRW, up 5.25% from the previous day.


Park Eun-jung, a researcher at Hana Securities, stated, "Despite solid performance in Japan and domestically during the first half of the year, profit-taking occurred for VT. In the second half, demand expansion in North America may emerge. The key point to watch is North American sales."


She added, "The global market share expansion of K-beauty seems to be progressing smoothly, and except for some items, last month's stock price decline is mostly attributed to supply and demand factors. Among brand companies, VT is generating solid results domestically as well as in Japan, and is expanding into North America," she noted.


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