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ROSÉ & K-Pop Stocks on the Rise: A Weekly Wrap-Up

SOUTH KOREASaturday, October 26, 2024
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This week was a big one for K-pop companies. YG Entertainment, the home of BLACKPINK’s ROSÉ, saw its stock jump after her new song with Bruno Mars hit it big. ROSÉ's "APT" topped global charts, raking in millions of streams in just days. Other K-pop giants like SM Entertainment and HYBE also saw their stocks go up. Why the boost? It's earnings season, and these companies are gearing up to share their quarterly results. Investors are excited about what’s to come. Some big names like Reservoir Media and Universal Music Group are set to release their numbers soon. But it’s not just K-pop that’s making waves. Companies like Live Nation and Spotify are also in the spotlight. Live Nation is expected to hit new highs with its upcoming earnings. Spotify’s stock is climbing too, with analysts predicting big things for its growing audiobook business. Not everyone had a great week, though. Stocks like Warner Music Group and Universal Music Group saw small dips, while LiveOne took a big hit. It’s been a rollercoaster for some, but overall, K-pop and music stocks are looking good.
universal music groupwarner music groupreservoir mediasm entertainmentyg entertainmentbruno mars

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