An employee walks past a electronic board showing an information of Big Hit Entertainment's initial public offering ceremony at the Korea Exchange in Seoul, South Korea, October 15, 2020. REUTERS/Kim Hong-Ji, the management agency of South Korean K-pop group BTS, saw its stock fall as much as 23% on Friday, extending losses from its debut the previous day as pricing eased after pre-listing hype.
The stock had dipped from its debut price ahead of Thursday closing, with analysts saying the lower price should be viewed as more reasonable and based on the fundamentals of a company which relies heavily on that one boy band for revenue. Analysts said Big Hit's valuation based on its initial public offering price of 135,000 won per share was comparable to peers such as K-Pop agencies SM Entertainment Co Ltd
כרים עבדול ג'אבר
Bang is still a billionaire.
CCP Running Dog!!!
You can tell in the comments who only read the headline and not the article 😂
Was up 150% day 1, a company that offers us nothing. No shit its sliding..
an ipo for a band was the dumbest idea in the first place
The company is a scam. It always has been.
Solo esperen a q el nuevo album BE de bts salga y veran como suben como la espuma 😉
Just wondering,can these guys even PLAY AN INSTRUMENT or just the SKIN FLUTES?
Utter s...t.
Still, we cheer.🥰🤗
Because all music is a fad unless your talent is generational
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BTS’ Agency, Big Hit Entertainment, Doubles Shares on IPO DebutShares of Big Hit Entertainment, the agency behind K-pop superstars BTS, soared during their stock market debut on Thursday in Seoul. Having been offered at KRW135,000 apiece, shares began trading … BH y BTS los mejores BillboardTNT BTS_twt BBMAs BTSxBBMAs namjxxoon BE IS COMING
Source: Variety - 🏆 108. / 63 Read more »
BTS’ Agency, Big Hit Entertainment Shares Nearly Double on IPO DebutShares of Big Hit Entertainment, the agency behind K-pop superstars BTS, soared during their stock market debut on Thursday in Seoul. Having been offered at KRW135,000 apiece, shares began trading … Silly band for clowns 🤦♂️🤦♂️🤣🤣 Horrible band for babies and will flop soon 😂😂 EndBadGoveranceInNigeria EndSWAT
Source: Variety - 🏆 108. / 63 Read more »
BTS' Management Company, Big Hit Entertainment, Soars in Trading DebutThe strong start was widely expected by analysts given the huge fan base for the seven-member boy band that has been dominating Billboard charts.
Source: THR - 🏆 411. / 53 Read more »
K-pop group BTS' label Big Hit debuts at double its IPO priceBig Hit Entertainment , the management label of popular South Korean boy band BTS, debuted at double its initial public offering (IPO) price on Thursday as investors scrambled for a piece of the country's largest listing in three years. Where the hell are American boy bands !? This is a disgrace ! Make American Boy Bands great again! Each boy band member is now a CEO of newly created subsidiary boy band labels and will be forming more boy bands. BTS!!! Let's always change and actively communicate with the world. Cheer up.
Source: Reuters - 🏆 2. / 97 Read more »
K-pop group BTS' label Big Hit debuts at double its IPO priceBig Hit Entertainment , the management label of popular South Korean boy band BTS, debuted at double its initial public offering (IPO) price on Thursday, as investors scrambled for a piece of the country's largest listing in three years. 축하합니다. BTSxBBMAs BTS_Dynamite BTS
Source: Reuters - 🏆 2. / 97 Read more »
BTS Frenzy Drives Hit K-Pop IPOShares in Big Hit Entertainment, the management company behind the South Korean pop sensation, roughly doubled from their initial public offering price by early afternoon in Seoul. Perfect example of too much money chasing too few goods combined with moral hazard. lol Working better this show since South Korea has been cleaned of them DPRK ambiguous trolls? 'Back to Suck', what a band.... They took the Stage NYD in Times Square. Go South Korea! At least they are not from North Korea, then again, with a name like that, perhaps they are?
Source: WSJ - 🏆 98. / 63 Read more »