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PBUG Maker Krafton Shares Drop By 20% after $3.8B IPO
By • 2 mins read
Market News, News

PBUG Maker Krafton Shares Drop By 20% after $3.8B IPO

By • 2 mins read

In its first appearance in the market after raising $3.8 billion in its IPO, the shares of Krafton, Tencent-backed South Korean company behind blockbuster video game PlayerUnknown’s Battlegrounds (PUBG), dropped by as much as 20 percent.  It later was trading at 13.5 percent lower at 10:48 a.m. in Seoul, thereby giving it a market valuation […]