NAVER rises on NVIDIA expectations, while concerns grow over a Kakao strike
NAVER’s stock has risen this year as expectations for cooperation with NVIDIA have come to the fore. Kakao has faced increased downward pressure on its stock after the possibility of the first strike since its founding was raised.13.56Kakao has faced increased downward pressure on its stock after the possibility of the first strike since its founding was raised.
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The stock movements of NAVER and Kakao, two leading companies in South Korea’s IT industry, are clearly diverging. NAVER has recently been on an upward trend as the possibility of cooperation with NVIDIA has come into focus. Kakao is seeing increased downward pressure after the possibility of the first strike since its founding was raised.
According to the Korea Exchange, NAVER’s stock has risen this year. 13.56Over the past month, it has risen. 10.90The article reported that news related to Jensen Huang, NVIDIA’s chief executive officer, affected the movement of NAVER’s stock.
Last month, NAVER’s stock rose in a single day. 29It rose. 14.15It also rose on a later date. 1It rose. 16.03The two sharp increases occurred around the time of news related to Jensen Huang.
The meeting between Jensen Huang, CEO of NVIDIA, and figures from South Korea’s business community is scheduled for2026-06-05This schedule is being discussed in connection with the possibility of cooperation between Naver and NVIDIA. The timing at which the related news was reflected in the stock price after the schedule was disclosed has also been confirmed.
The possibility of Kakao’s first strike since its founding has been raised. The possibility of a strike has been identified as a factor exerting downward pressure on Kakao’s stock price. Reports indicate that some shareholders are suffering from mixed fortunes.
In summary, Naver’s stock price has risen recently on news related to NVIDIA, while Kakao is facing increased downward pressure due to labor issues. The two companies are seeing different stock-price trends because of different catalysts. It is necessary to watch for future disclosures concerning the related schedule and labor-management issues.
Sources: 파이낸셜뉴스 증권
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.