BIG DEBUT FOR BIG HIT

Big Hit has wowed an audience that quite possibly cannot identify a single member of BTS: investors. The share price nearly doubled on the K-Pop label’s first day of trading in South Korea, peaking at about $235.

The company had a value of about $7.6b by market close. On paper, the shares owned by Big Hit founder Bang Si-hyuk topped $3b by the end of the business day.

The stock closed at $225, 90% above the IPO price of $118.

TAGS: BTS | Big Hit | Stock

BIG HIT'S IPO GENERATES A BIG PAYDAY

THE BUZZ AROUND BTS' BE

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		NEAR TRUTHS: INCOMPARABLE Taylor world is an ecosystem. (5/7a) Check It Out Now JENNIFER KNOEPFLE: THE HITS INTERVIEW A publishing all-star tells her story. (5/7a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/7a) Check It Out Now BEEF BRINGS LAMAR BACK TO SPOTLIGHT No longer keeping his diss-tance. (5/7a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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BIG DEBUT FOR BIG HIT

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