KOSDAQ-listed Pearl Abyss shares were strong intraday on the 22nd. Buying is seen as concentrating on news that the new title "Crimson Desert" is nearing release.
As of 11:37 a.m. that day, Pearl Abyss was trading at 43,500 won, up 2,950 won (7.27%) from the previous session. It rose to as high as 44,300 won intraday, setting a 1-year high.
Pearl Abyss said the previous day that the new title Crimson Desert has entered the "gone gold" phase. Going gold means the company has begun producing the master package that contains the launch version, indicating that preparations for release are effectively complete.
Crimson Desert is an open-world action-adventure game that follows the journey of the protagonist, Kliff, and companions against the backdrop of the vast continent of Pywel. Preorders are underway on the official website.
Pearl Abyss said on its social media channels, "Thanks to fans around the world who have been with Crimson Desert, we are taking the final step toward release," adding, "On Mar. 20, we will be waiting for you on the continent of Pywel."