HYBE, the company behind BTS, has always been very candid with the public, disclosing the status information of their stock. This happened recently, after the enlistment of the popular boy group.
On Monday, October 17th, it was announced that the member, Jin, rejected the new delay of his military enlistment, and that all the members would fulfill their military service, even after years of the government debating their plan for the K-Pop group.
Due to some instability seen in the past, many were concerned about the company’s account statements, because BTS brings a lot of money to both HYBE and South Korea, but the result of their actions was surprising everyone.
Pretty sure the billboard headline is from June… hybe stock seems to be doing okay since the news broke https://t.co/GJLZhUgaUU https://t.co/Wn53DfB9Ss pic.twitter.com/KXZGMMf55M
— Alison (@rossansguil) October 18, 2022
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This October 18th, HYBE surprised by showing how its shares have increased, being around 4.8%, thus valuing an amount of . (zamorano.edu) 20. Although it may not seem like much, after the 25% drop with the group’s pause announcement, the increase is significant.
Contrarily, HYBE has achieved a steady rise thanks to the military service announcement, in addition to their big plans for the future, confirming the group’s comeback in 2025, and projects with other K-Pop groups and even NFT investments.