18 Nov 2025 | 3 Mins Read
Pinkfong stock surges 62% in South Korea IPO debut
Flipitmoney
Pinkfong's stock price surged 62% on its first trading day, reaching 61,500 won, following an IPO that raised 76 billion won, heavily oversubscribed by 600 times. The company, behind YouTube's most-viewed song "Baby Shark," plans expansion and aims to launch future hits. Shares remain undervalued at 25 times 2025 earnings.