SM Entertainment‘s stock prices are at the highest ever since Super Junior‘s comeback.
On November 6th, fans found that following Super Junior’s comeback with “Black Suit,” SM Entertainment’s stock prices hit the roof.
With an increase of 7.48%, SM Entertainment’s stock price is now valued at 34,500.00 KRW. Super Junior’s influence on the company is a definite sign of an immense fandom following after their years of hiatus.
In addition, SM Entertainment’s new rise in stock means they officially have the highest stock price of all the entertainment companies so far this year, taking first place and beating out YG Entertainment and JYP Entertainment, the other “Big Three” entertainment companies in Korea.
In related news, Super Junior’s “Black Suit” MV has been released today. Check out the new song that had such a big impact on SM Entertainment’s stocks here!
Sarah (sapphir3bluu) is a writer for WTK from Las Vegas and fond of cats, k-pop, and singing. She enjoys learning new languages and is manager of Super Junior fanbase, WorldwideELFs, but has also done subbing work for EXO. If you don’t find her being slowly consumed by BTS, GOT7, NCT, and ASTRO, she is aspiring to go to graduate school and work in the health care field.
Media: SMTOWNEngSub, SM Entertainment