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Valuation woes weigh down Krafton on Kospi debut

South Korean game developer Krafton Inc. made a disappointing local stock market debut on Aug. 10 amid concerns of overvaluation.Krafton opened at 448,500 won ($391.2)  a share on the main Kospi, 11% lower than its initial public offering (IPO

Aug 10, 2021 (Gmt+09:00)

3 Min read