South Korean online comic platform Webtoon Entertainment (WBTN.US) made its debut on Nasdaq on Thursday, with the company's stock price up 14% from its IPO price.
The stock opened at $21.3 and the company valuation is $2.71 billion. The stock reached a high of $24.
Webtoon raised $315 million by selling 15 million shares of stocks at a price of $21 per share, at the upper end of the range.