BLACKPINK’s Successful Comeback has benefited YG Entertainment a lot!
The extremely popular girl group came back on June 26; they have been breaking many records left and right with their pre-release single “How You Like That,” andits effect on YG Entertainment stock is gaining a lot of attention from the press.
Due to the various scandals affecting YG Entertainment, their stock price plummeted in 2019, they haven’t gone back to their good days ever since, but that seems to be changing with BLACKPINK’s comeback.
On June 29, the stock prices for YG Entertainment rose up by 9.31%, and during the same day, the price reached its highest point in 52 weeks with 41,000 won ($34.1).
It seems that YG’s stock value will rise again in the second half of 2020.
In related news, BLACKPINK continues to break so many records including many on YouTube. It has become the most-streamed premiere on the platform and the fastest music video to reach 100 million on YouTube as well. It also garnered over 82 million views in the first 24 hours; making it possibly the most viewed YouTube MV in the first 24 hours.
What do you think of this?