YG Entertainment's stock shares surge because of Big Bang's comeback?

[benihime99.livejournal.com]

Big Bang's comeback continues to prove its strength after YG Entertainment's stock shares increased. On February 17th, YG Entertainment's shares on the KOSDAQ market closed at 60,700 won, a 5.02% increase from its closing value the previous day. 

It was also reported that the company's stock rose for five consecutive days, having a 22.63% increase in the past three days. Just two weeks ago, YG Entertainment's stock shares closed at 49,500 won and critics have viewed the increasing trend due to Big Bang's comeback announcement. With their comeback just weeks away, the surge in these share prices were credited to Big Bang's comeback, whose album is set to hit the Korean music market on February 29th. 

For the past few days, YG Entertainment has been releasing Big Bang's concept photos as well as announcing that group will promote six title tracks from the album. 

Source: BBupdate

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Translator: Koreaboo

Comments

[u-niverse.livejournal.com]

It be interesting to see how YG's marketing tactics be changed due to them being listed

[nimco.livejournal.com]

Oh god having the pictures together like that is enough to put me in the hospital. They better not dress like that in the MV or on stage. Yuck.

[4minutesluts.livejournal.com]

I wonder how effective it would be to just buy up stock before a comeback and sell it during/after

[czarny.livejournal.com]

I thought one of them killed someone or died.

[kotetsu.livejournal.com]

As expected? I bought some YG stocks a while back. I guess I'm in for a gamble with this comeback honestly. There's such a mixed reaction.

[phililen3.livejournal.com]

I am hoping the album is good if not excellent so we can all win...