[Featured Stock] JYP Entertainment Rises 3.4%... Hits 52-Week High

JYP Entertainment (JYP Ent.) is showing strength on the 17th.

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As of 11:12 AM on this day, JYP Ent. was trading at 87,900 KRW, up 3.41% from the previous trading day. During the session, it rose to 88,300 KRW, marking a 52-week high.

Park Sooyoung, a researcher at Hanwha Securities, stated, "As of the 14th, the foreign ownership of this stock exceeded 43%. Among the four major domestic companies, it was the first to establish a 'label system' and has built strategic partnerships with major labels in North America to expand market share, demonstrating superior capabilities in its core business as an entertainment agency."

He added, "This year, there are significant momentum factors such as the album release of 'Stray Kids,' the expected tour expansion starting in the third quarter, and the release of unit and full-group albums by Twice."

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