South Korea's Kakao Games soars 30% in market debut, hitting daily limit
September 09, 2020 at 23:43 PM EDT
Kakao Games' shares started trading at 48,000 Korean won (about $40.48) apiece, twice the issue price of 24,000 won. ($20.24) They briefly surged to hit the daily permissible limit of 30%, last sitting at 62,400 won ($52.63) per share.