Naver plunged sharply in early trading on the 2nd, retreating to the 250,000 won range. While the stock had maintained a strong upward trend recently due to expectations for artificial intelligence (AI) and a reevaluation of its platform value, profit-taking sell-offs following the short-term surge appear to have increased downward pressure.

During the morning session that day, Naver traded at 258,000 won, down 13,500 won (4.97%) from the previous trading day. In early trading, the drop even widened to 257,000 won at one point.

Naver's stock price movement over the past month has been characterized by a steep upward trend. After trading in the 190,000 to 200,000 won range in mid-May, it breached the 270,000 won mark in a short period as it garnered positive evaluations for its expanding AI business and strengthened platform competitiveness. On the 1st, it closed at 283,500 won, recording its highest level of the year. In fact, Naver has surged more than 40% since mid-last month, demonstrating the strongest momentum among domestic representative AI-related stocks.

However, as overall market investment sentiment contracted that day, Naver was unable to avoid selling pressure. Both the KOSPI and KOSDAQ declined simultaneously, and as foreigners engaged in large-scale net selling in the KOSPI market, profit-taking volumes emerged centered around large-cap tech stocks. The market atmosphere interprets this as a natural 'breather' phase, given the stock's sharp surge over the past month.

In the securities industry, the expansion of AI search, generative AI services, and cloud businesses are cited as Naver's mid-to-long-term growth drivers. However, attention is also being paid to the possibility of increased volatility due to short-term changes in supply and demand.

[※ This article was written for the purpose of providing investment information, and the investment decision and responsibility lie entirely with the investor. AI was partially utilized in the writing process of this article.]