Previous close | 48,300.00 |
Open | 49,000.00 |
Bid | 49,200.00 x 0 |
Ask | 49,250.00 x 0 |
Day's range | 49,000.00 - 50,300.00 |
52-week range | 37,300.00 - 61,900.00 |
Volume | |
Avg. volume | 1,419,782 |
Market cap | 21.58T |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 61.00 (0.12%) |
Ex-dividend date | 28 Feb 2024 |
1y target est | N/A |
(Bloomberg) -- South Korea’s Kakao Corp. is investigating the financial practices of SM Entertainment Co. after it took a controlling stake in the K-pop pioneer, adding another chapter to a drama that has captured the attention of the nation’s business leaders.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyByron Allen’s Latest Takeover Bid: Paramount for $14 BillionS&P 500 Ha
South Korean tech giant Kakao faces growing regulatory heat after the country's president urged a review into its taxi app amid complaints about monopolistic practices, which comes on the heels of a probe into suspected stock market manipulation. Shares in Kakao Corp, which operates Korea's dominant chat app KakaoTalk and has expanded into digital banking, taxi services and entertainment, have dropped 27% over the past three months, undershooting a 10.5% fall in the broader market and reflecting growing regulatory concerns. "Kakao's issues appear to politicised beyond their essential reality," said Park Ju-gun, head of corporate analysis firm Leaders Index.
(Bloomberg) -- South Korean authorities arrested a senior Kakao Corp. executive for alleged stock price manipulation connected to a high-profile bidding war over K-pop agency SM Entertainment Co. earlier this year. Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowIsrael Latest: Macron Warns Militants as Sides Trade StrikesChina Repeats Its View That Israel Must Protect CiviliansXi Makes Unprecedented Central Bank Visit in S