[Featured Stocks] Webtoon Stocks Rally... Expectations for K-Content Powerhouse
Webtoon-related stocks such as Mr. Blue, YLAB, Finger Story, and Suseong Webtoon are all showing strong performance. It appears that the news of Lee Jae-myung, the Democratic Party presidential primary candidate, visiting a webtoon-specialized library in Daegu Metropolitan City on the 18th is influencing the stock prices. It is reported that Lee will express his ambition to make Korea a powerhouse of K-content and soft power through on-site meetings with webtoon companies and artists.
At 11:38 a.m. on the 17th, Mr. Blue was trading at 1,450 won, up 26.53%.
Finger Story is rising more than 15%, and YLAB and Suseong Webtoon are also showing upward trends.
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Suseong Webtoon supplies content not only domestically but also to various overseas platforms in North America, Southeast Asia, and Europe, and has secured high competitiveness in the global market through a One Source Multi Use (OSMU) strategy based on its own IP. The fact that overseas sales account for more than 85% is a particularly notable strength amid the industrialization trend of K-webtoon exports. Suseong Webtoon is expected to achieve an operating profit of 17.8 billion won this year.
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