[Special Stock] HYBE Rises for 5 Consecutive Days on BTS Full-Group Comeback Expectations... Record Highs Continue
HYBE has continued its upward momentum for five consecutive days, setting new record highs each day.
As of 9:20 a.m. on the 26th, HYBE was trading at 289,000 won, up 3,500 won (1.23%) from the previous day. During intraday trading, the price rose to 292,000 won, marking a new 52-week high.
Expectations for the full-group comeback of BTS are seen as the driving force behind the stock's rise. Except for Jin and J-Hope, who were already discharged last year, the remaining BTS members are scheduled to be discharged or released from service in succession: RM and V on June 10, Jungkook and Jimin on June 11, and Suga on June 21.
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Park Sooyoung, a researcher at Hanwha Investment & Securities, said, "Expectations for BTS's comeback and the rapid growth of newer artists will justify HYBE's high multiples."
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