Webtoon (WBTN) Soars 5.1%: Is Further Upside Left in the Stock?
Webtoon Entertainment (WBTN) shares rallied 5.1% in the last trading session to close at $14.96. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.9% loss over the past four weeks.Webtoon Entertainment is benefiting from strong English-language WebComic app MAU growth (up 19% for three consecutive quarters), strategic partnerships like Disney and Dark Horse Comics, and increased monetization opportunities thr ...