Technology
Netmarble debuts on Kospi, marking Korea’s biggest IPO in 7 years
May 12, 2017
South Korea’s Netmarble Games officially went public on Korea’s main bourse Kospi on Friday, marking the country’s biggest initial public offering in seven years. Shares of the Korean mobile game giant opened for trading at 165,000 won ($146.70), above its IPO price of 157,000 won, and rose as high as 171,500 won, up 9.2 percent, in early morning trading before falling to hover slightly below the day’s opening price.The stocks closed at 162,000 won, down 1.82 percent from the opening price. The