케이뱅크, 보호예수 해제 첫날 낙폭 0.36%…오버행 충격 제한

K Bank's stable performance despite the release of 3.5 million locked-up shares reveals how depressed IPO pricing can paradoxically protect stocks from immediate overhang pressure. With shares trading 33% below the offering price, major shareholders have limited incentive to sell immediately, giving the company breathing room to demonstrate earnings growth. However, overhang risk persists as supply-demand dynamics remain critical to recovery trajectory alongside improving profitability metrics.