Netflix’s New Hit Stokes K-Drama Maker’s Stock With 82% Rally

A new Netflix hit is supercharging the South Korean drama producer behind the series, as traders hunting for the next “Squid Game” pile in to grab opportunities in a sagging stock market.

Astory Co. has rallied 82% in July, boosted by the instant hit of “Extraordinary Attorney Woo” released at the end of June. The courtroom drama about a rookie lawyer with autism spectrum disorder was the most watched non-English show on Netflix during the two weeks ended July 17.