NEXON (OTCMKTS:NEXOF) Trading Down 62.5% – What’s Next?

NEXON Co., Ltd. (OTCMKTS:NEXOFGet Free Report) shares were down 62.5% during mid-day trading on Friday . The stock traded as low as $9.9336 and last traded at $9.9336. Approximately 5 shares were traded during trading, a decline of 100% from the average daily volume of 6,767 shares. The stock had previously closed at $26.50.

NEXON Stock Performance

The stock’s 50-day moving average is $24.80 and its 200-day moving average is $21.09.

About NEXON

(Get Free Report)

NEXON Co, Ltd. is a pioneering video game publisher and developer known for its focus on online multiplayer games using a free-to-play business model. Founded in Seoul in 1994 by entrepreneur Kim Jung-ju, NEXON quickly established itself as an innovator in the interactive entertainment industry. The company has built a reputation for creating immersive virtual worlds that attract millions of players worldwide, supported by recurring in-game purchases for cosmetic items, expansions and convenience features.

Among NEXON’s best-known titles are MapleStory, an anime-styled massively multiplayer online role-playing game (MMORPG) that debuted in 2003, and Dungeon & Fighter, a side-scrolling action RPG launched in 2005.

Further Reading

Receive News & Ratings for NEXON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXON and related companies with MarketBeat.com's FREE daily email newsletter.