WBTN Stock Summary and Trading Ideas (Webtoon Entertainment | NASDAQ:WBTN)

Webtoon Entertainment Inc is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.

Webtoon Entertainment trades on the NASDAQ stock market under the symbol WBTN.

As of February 7, 2025, WBTN stock price declined to $11.41 with 706,064 million shares trading.

WBTN has a beta of 0.57, meaning it tends to be less sensitive to market movements. WBTN has a correlation of 0.01 to the broad based SPY ETF.

WBTN has a market cap of $1.46 billion. This is considered a Small Cap stock.

The top ETF exchange traded funds that WBTN belongs to (by Net Assets): IWM, VXF, IWN, VTWO, SCHA.

WBTN support price is $13.13 and resistance is $13.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WBTN shares will trade within this expected range on the day.