67

27

News
Posted by HelloAnon15,462 pts Wednesday, September 11, 2019

JYP Entertainment Takes Over Big 3 Following TWICE's Comeback Teaser Release, Becomes #1 Entertainment Agency in Market Capitalization


JYP Entertainment dominates Big 3 agencies as its stock market capitalization rose to the top following the release of TWICE's comeback teasers.

At 9:40 am today, September 11, 2019, JYP Entertainment is trading at 22,100 KRW, up 1,000 won (4.74%) from the previous day. The figures have been consistently on the upswing for three consecutive days.

Despite a slowdown in their previous market value due to issues of Korea-Japan relation and other factors influencing share prices, JYP Entertainment seems to be recovering continuously. According to Mirae Asset Daewoo, foreign investors have growing interest in the company. Park Jung Yeop said "JYPE will hold NDRs in New York, Chicago, and Los Angeles for the first week of September."

With TWICE's upcoming comeback and Japan Tour as well as activities of other JYPE artists like Stray Kids and ITZY who had comebacks in the second half of the year and are expected to contribute to profits from year-end and New Year holiday shows, experts believe that the company will maintain a high growth rate in the remaining months of 2019.

Shop the story
STRAY KIDS Cover : ATSTAR1 Magazine May 2024
$22
STRAY KIDS HYUNJIN Cover : ELLE Korea May 2024
$25
ITZY - BORN TO BE (LIMITED Edition)
$19
STRAY KIDS OFFICIAL LIGHTSTICK VER.2
$75
Stray Kids - 樂-STAR (PLATFORM ALBUM_NEMO VER.)
$15
STRAY KIDS - 樂-STAR Mini Album
$24
STRAY KIDS HYUNJIN Cover : Esquire KOREA
$28
  1. ITZY
  2. Stray Kids
  3. TWICE
9 26,886 Share 71% Upvoted
 
djooo
djooo15 pts Wednesday, September 11, 2019 2
Wednesday, September 11, 2019

Why is Got7 left out of this article? They have been working their butts off touring around the world, yet they arent even mentioned? That is seriously messed up. JYP owes much of their popularity and success to Got7. Please give credit where credit is due.

1 (+1 / -0)
Share

2 more replies

 
northstars
northstars659 pts Wednesday, September 11, 2019 0
Wednesday, September 11, 2019

One word...TWICE

1 (+2 / -1)
Share

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
NMIXX
5 hours ago   16   1,696
New Message

SEND