SM Stock Price Goes Up with SHINee Effect

SM Entertainment’s stock price made a sharp rise by 6%. SHINee’s debut album sales made 2nd on the day it was released. 120,000 copies of the debut single were made for the first shipments, which means its marketing is made through Youtube. It has a positive effect on SM Entertainment’s sales.

[from SBSCNBC http://sbscnbc.sbs.co.kr/read.jsp?pmArticleId=10000162352]

SM Entertainment stocks are showing strong as the visible results of “New Korean Wave” are confirmed.

In the Kosdaq market on June 24, SM stocks are being traded at 19,400 Won (currently 9:13 a.m.), 2.65% up from the previous day.

Daewoo Securities presented SM’s stock goal price as 30,000 Won with a comment that SM artists are making good sales overseas.

[from Yonhap News http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&sid1=101&oid=001&aid=0005129208]  

[Source: Jujugal]  

Photo find source: Forever_shinee

Posted 8 months ago
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