Article: Who knew 'TWICE' power would be this strong... "made 1 trillion won in 3 months"
Source: Hankyung
JYP Entertainment's recent surge in stock price is catching attention.
According to the Korea Exchange, JYP's stock price fell to 37,600 won on January 27th however it soared to 66,200 won on the 8th, reaching a new record high. This is the first time JYP has entered the 60,000 won range since it's listing in August 2001. The market cap also soared from 1.334.7 trillion won to 2.24 trillion won, surging 76.0% from its lowest point this year. It's currently trading at 65,400 won and foreigners and institutions are revealed to be driving the surge in share price.
According to analysts, the hike in stock price can be attributed to expectations for the resumption of offline performances. Yuanta Securities presented JYP as the top pick in the entertainment industry and revealed, "profit creation is expected to continue this year as JYP's operating profit margin for the past 3 years has been 30%, which is very high compared to competitors."
Choi Minha, a researcher at Samsung Securities analyzed, "When performances were halted due to the pandemic, TWICE and Stray Kids expanded their fandoms while ITZY remained stable and NMIXX showed good results. Stray Kids growth is also terrifying as they climbed to the top of the Billboard 200 after releasing their 6th mini album in March confirming their global popularity. Their album sales are also growing, pre-order volumes exceeded 1.3 million and are expected to break more records."
- [+794, -222] Twice is at the end of its lifespan, Itzy isn't growing anymore, and Stray Kids' fandom in lost in their own world.. as for NMIXX, no one knows if they'll be capable of achieving anything yet.
- [+319, -28] Twice was the Maginot line for girl groups, but ever since then, every new girl group has been a poor copy of Blackpink, can't even tell them apart anymore.
- [+241, -17] This is a signal to sell..
- [+164, -17] All the idol groups these days look similar, none of them have any charm.
- [+100, -2] JYP is only alive right now because of Twice. Before Twice's debut, their stock price was 5,000 won, after Twice came out with 'Cheer Up' and hit daebak, their stock surged and they were able to afford a new building, and now its at 60,000 won.
- [+69, -18] HYBE is the driving force behind all these crazy stock price valuations.. wouldn't a 300 billion won market cap be more appropriate?
- [+47, -6] Naver keyboard warriors lives are seriously too pitiful. Saying Twice is at the "end" of its lifespan when they're holding arena tours and dome tours in U.S and Japan ㅋㅋㅋ
- [+37, -3] Twice forever!
- [+30, -0] Write up hate comments all you want but it doesn't change the fact that their albums are still selling well and their concert tickets are always sold out ㅋㅋㅋㅋㅋㅋㅋ
- [+18, -1] Looks like that fandom is here ㅋㅋㅋ.. congrats to world-class ♡ superstar girl group Twice!! Always *shining~
- [+15, -1] JYP's market cap is double of YG's ㅋㅋ... they've been quietly gobbling up the industry without media play
- [+6, -2] While Lee Soo-man has been busy riding the seams of Bang Si-hyuk's pants , Park Jin-young has been getting stronger and stronger quietly