Friday, June 24, 2011

[News] 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.

Source: 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.

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

Credit: Jujugal.

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