[NEWS] YG Entertainment’s stock shares surge because of Big Bang’s comeback?

19 Feb

 

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: Newsen
Translation: Koreaboo

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