K-Pop Companies with best performing stocks (1st-Half of 2021)/ What is the reason behind SM stocks rising?

The only time you should care about this is if you’re trading these companies stock.

Otherwise these numbers have NO meaning for any of us.

Quote from selenavvd

kpop companies are public,umg where mars is signed isnt publicly traded

You could look at the stock price of Vivendi that owns 80% of UMG. But nobody outside the K-pop sphere cares.

They have been on a downward trend since 2019, so maybe their stocks ended up undervalued.

Quote from omnimorphism

They have been on a downward trend since 2019, so maybe their stocks ended up undervalued.

isnt this looking to be their best year in recent years,they are doing good digitally and selling albums dream alone has sold over 2.6 mil albums

Quote from omnimorphism

You could look at the stock price of Vivendi that owns 80% of UMG. But nobody outside the K-pop sphere cares.

they are going publicly next year

I invest in bitcoins and other crypto coins, so my view on normal stock price behavior is completely screwed skewed

But if the stock price of SM has shown a significant rise the past half year, then my guess is that NCT and Aespa doing exceedingly well and other good news related to SM might have been the cause for the price rise.

Aside from the regular manipulations by hedge funds investors and other big whales, stock price changes are usually linked to (growth or loss of) confidence in a company's future.

It's almost certainly due to the KakaoM news rumor. Both because there would be a new majority shareholder, as well as the idea that Lee Soo Man would no longer have a controlling share in the company (because of distrust towards his financials). There was actually a good writeup of the whole case recently. But we'll have to wait and see if the buyout actually happens. These are most likely the early-adopters, hoping to get in front of the trend should KakaoM succeed in the buyout. Bit of a risk, but could be very worth it.

Also, I think investors are more optimistic on the potential future digitalization of the Kpop industry, particularly in the realm of virtual concerts, digital IPs, and the idea of a shared universe (for consumer marketing purposes). Especially during this second phase of coronavirus infections, where I think we're all realising that this virus is going to go endemic rather than be fully eradicated. Heck, when JYPE (the most reluctant of the Big 4 to invest in tech platforms rather than human capital) invested in the DearU platform and Bubble, I think everyone could see that digital is going to be the future.

company stans

I don't know what these numbers really mean but for anyone outside fandom that wants to invest, SM future seems bright and secure with Nct dream selling millions and aespa getting a hit, plus their different platforms like beyond live and Bubble being a success and the KakaoM news