BLACKPINK recently made a comeback after 2 years and 10 months of rest and focusing on the members' solo activities. The highly anticipated comeback this year turned out to have an impact on the increase in YG Entertainment 's shares as the agency company that houses Jisoo, Jennie, Rose, and Lisa.
YG Entertainment's stock price increased by 4% in a day thanks to the girl group's comeback with ' PINK VENOM '. According to KBIZOOM , according to the Korean stock exchange, at 9:58 a.m. KST on August 25, YG Entertainment's price was recorded to be trading at 60,900 won, or Rp. 675,154. This marks an increase of 4.64% from the previous trading day.
Even their shares once jumped to a high of 62,200 won, or Rp. 689,574. This is not the first time BLACKPINK has shown its influence and managed to make YG shares soar, before when amid news of BLACKPINK's comeback last July, YG Entertainment's stock price soared to 50,900 won, equivalent to Rp.564,346, after having fallen in previous months.
On the same day, adapted from the Allkpop website, YG Entertainment announced that BLACKPINK's second full album BORN PINK , which is scheduled for release on September 16, has already exceeded 2 million pre-orders. This is the best record for female K-Pop artists and girl groups so far.
BLACKPINK released 'Pink Venom' as a pre-release track. Her music video has broken the world record for a female artist by garnering 90.4 million views in the first 24 hours after its release. BLACKPINK also set a record for the fastest K-Pop girl group to surpass 100 million views of a music video in just 29 hours 35 minutes.
The latest news, 'Pink Venom' has received an award for the first music show on the broadcast of 'Show Champion' on MBC M on August 24 yesterday. Meanwhile, BLACKPINK will be performing at the 'MTV VMAs 2022' this weekend. The show kicks off at 8 p.m. EST on August 28, hosted by LL Cool J, Nicki Minaj, and Jack Harlow. Congratulations to BLACKPINK and YG Entertainment!
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