Naver (NAVER, 035420) plunged more than 5% in early trading on the 24th, drawing market attention to whether the stock can defend the 200,000-won level. With both the KOSPI and KOSDAQ showing weakness, selling pressure continues to mount, particularly in large-cap technology stocks.

As of 9:26 a.m. on the 24th, Naver is trading at 208,000 won, down 12,000 won (5.45%) from the previous trading day. After closing at 220,000 won the previous session, downward pressure has intensified as profit-taking sell-offs and shrinking investor sentiment overlap.

At the same time, the broader domestic stock market is also sluggish. The KOSPI has fallen more than 2% to the 6,896 level, and the KOSDAQ has also retreated to the 770 level, recording a decline in the 2% range. As the overall appetite for risk assets diminishes, the decline in top market-capitalization stocks is widening.

Investors are closely watching whether Naver can hold the 200,000-won level during the trading session. Given the stock's recent sharp gains driven by expectations of collaboration with Nvidia, the continuation of short-term profit-taking pressure and whether bargain-hunting buyers will step in are seen as key points to watch.

With the domestic stock market broadly weaker ahead of the weekend, all eyes are on whether Naver can recover its losses and find a catalyst for a rebound, or whether it will close the session on a weak note.

[※ This article is provided as reference material for investment decisions and does not constitute a recommendation to buy or sell any specific stock. Investors are solely responsible for their investment decisions.]