Get the latest gossip
K-Pop Giants SM Entertainment & HYBE Lead Music Stocks as Markets Slip Again
BTS' label HYBE and NCT DREAM's labels SM Entertainment led music stocks this week as markets slipped due to continued market uncertainties.
SM Entertainment, home to NCT Dream and RIIZE, was the week’s best performer after gaining 6.7% to 107,000 KRW ($72.91). HYBE, which counts BTS and its solo members’ projects among its vast roster, improved 3.7% to 240,500 KRW ($163.87). Stocks took another hit on Friday (March 28) after the core personal consumption expenditures price index, a measure closely watched by the U.S. Federal Reserve, increased 0.4% in February.
Or read this on Billboard