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LY Corporation ( (JP:4689) ) just unveiled an update.
PayPay Corporation, a subsidiary of LY Corporation, has confidentially submitted a draft registration statement for a proposed public listing of American depositary shares on a U.S. stock exchange. The listing’s schedule, size, and price are yet to be determined, and it is contingent on market conditions and SEC review. LY Corporation anticipates that the listing will not materially affect its consolidated financial results.
The most recent analyst rating on (JP:4689) stock is a Buy with a Yen585.00 price target. To see the full list of analyst forecasts on LY Corporation stock, see the JP:4689 Stock Forecast page.
More about LY Corporation
LY Corporation operates in the technology and financial services industry, focusing on digital payment solutions through its subsidiary PayPay Corporation.
Average Trading Volume: 15,890,553
Technical Sentiment Signal: Buy
Current Market Cap: Yen3334.1B
Learn more about 4689 stock on TipRanks’ Stock Analysis page.