Shares of Krafton, the game studio behind PUBG, fell as much as 20% after the company raised $3.8B in its Seoul IPO at a valuation of ~$19B (Reuters)

Reuters:
Shares of Krafton, the game studio behind PUBG, fell as much as 20% after the company raised $3.8B in its Seoul IPO at a valuation of ~$19B  —  Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” …