Pinkfong Company shares climb 5% on second day of KOSDAQ listing

The Pinkfong Company shares continued to rise on the 19th, the second day of listing.

As of 9:35 a.m. that day, The Pinkfong Company stock was trading at 43,750 won, up 5.29% (2,200 won) from the previous day. This is 15.13% higher than the offering price (38,000 won).

Listed on the KOSDAQ market the previous day, The Pinkfong Company set its opening price at 58,000 won, 52.6% above the offering price. With strong market interest in the stock on the first day of listing, the previous day's closing price came to 41,550 won, 9.34% higher than the offering price.

Since its founding in 2010, The Pinkfong Company has been a content company that owns famous global intellectual properties (IP) such as Pinkfong, Baby Shark, and Bebefinn.