[Featured Stock] SM Entertainment Rises 5.63% on Strengthened Rookie Lineup

Shares of SM Entertainment are on the rise, driven by expectations of a strengthened rookie lineup and improved profitability next month.

As of 9:56 a.m. on January 23, SM Entertainment was trading at 84,400 won, up 4,500 won (5.63%) from the previous trading day.

On this day, Lee Hwajeong, a researcher at NH Investment & Securities, commented, "Both RIIZE and NCT WISH have reached a level where they can each sell over one million copies of their new albums, entering the profit zone. The rookie girl group Hearts2Hearts, scheduled to debut on February 24, is expected to show a similar trend." She added, "The continuous global music chart success and North American tour achievements of the veteran artist aespa suggest the potential to grow into a mega intellectual property (IP)."

Lee Hwanwook, a researcher at Yuanta Securities, also stated, "Fourth-quarter consolidated sales and operating profit last year are likely to slightly exceed the market consensus." He continued, "Hearts2Hearts will launch next month, marking the first new girl group since aespa five years ago." He added, "As a new girl group IP, it is expected to attract significant market attention and serve as a short-term driver for the stock price."

This content was produced with the assistance of AI translation services.