JYP stock price rises more than 5% contributed by Stray Kids on Billboard

▲ This photo, provided by JYP Entertainment, shows Stray Kids. (PHOTO NOT FOR SALE) (Yonhap)

SEOUL, Mar. 30 (Yonhap) – The stock price of JYP Entertainment has risen more than 5 % in the beginning of the stock market on Mar. 30 as its K-pop boy group Stray Kids topped the Billboard’s main albums chart.

It rose to 60,400 won, increased by 5.04% from the previous trading day on KOSDAQ market on Wednesday at 9:25 a.m.

Accordingly, it surpassed the highest share price of 58,500 won ever recorded on Nov. 17, 2021. Moreover, it exceeded 60,000 won for the first time since the back-door listing of KOSDAQ in October, 2013.

These changes in the stock market are due to the fact that Stray Kids' mini album "ODDINARY" topped the main albums chart "Billboard 200,” released by Billboard on Mar. 29. The group became the third K-pop act ever to sit atop the list after BTS and SuperM.


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