[NX] Nexon Stocks Poised For Daily Rise For First Time Since 2011 Earnings Report
Update: Stocks have closed February 21 up 2.45% from where they opened the day at.
Nexon Co. Ltd. (3659:JP)
For the four trading days since Nexon’s 2011 earnings report the company’s stocks have plunged by between 2% and 4.75% each day, causing their stocks to fall from where they were on February 14, the day of the earnings announcements, their highest level since December 14, 2011, to where they sat on February 20, their lowest level since January 26.
Well about a third way through trading a week after Nexon’s earning announcement, stocks look poised for their first rise in that time. And it doesn’t seem like it will be a small rise either. Nexon’s stocks are currently up 2.18% over where the opened the day at. There’s still a long way to go before stock prices recover to where they were a week ago.
Keep updated with Nexon’s stock price at http://www.bloomberg.com/quote/3659:JP.