[Special Stock] HYBE Rises Over 5% on NewJeans Comeback
[Asia Economy Reporter Kwon Jae-hee] HYBE's stock price is showing strong performance in the early trading session. This is interpreted as a result of the comeback news of the girl group NewJeans.
As of 10:04 PM on the 3rd, HYBE is trading at 179,500 KRW on the KOSPI market, up 5.90% compared to the previous trading day.
During the session, it rose as much as 7.37% before giving back some of the gains.
The stock price was driven by the comeback of the girl group NewJeans. HYBE is the parent company of ADOR, NewJeans' agency.
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The day before, NewJeans released their new song "OMG" and set a record by selling over 480,000 copies on the first day, topping the daily album chart on the same day.
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