BLACKPINK Prove Their Impact As YG Entertainment Stock Value Rises After Their August Comeback And World Tour Confirmation

Queen behavior.

BLACKPINK have once again proven just how much impact they have as YG Entertainment‘s stock value rises following their recent comeback announcement.

BLACKPINK | YG Entertainment

On July 6, the company released a statement confirming that BLACKPINK would not only be making their highly-anticipated comeback in August, but that they would soon embark on the biggest world tour any K-Pop girl group has ever done.

A lot of music in BLACKPINK’s style has been prepared with great effort for a long time. BLACKPINK will embark on the largest-ever world tour for a K-Pop girl group by the end of the year alongside their comeback to expand their communication and reach with fans across the world. We will continue large-scale projects for the group as well.

— YG Entertainment

| @pranpriyaaz/Twitter

The last album the group released was 2020’s THE ALBUM, which the members were not able to promote as much due to the outbreak of COVID-19, but still proved to be a truly impressive hit.

| YG Entertainment

Now that BLACKPINK are once again making a comeback, it was made clear that it’s not only BLINKs who are happy about their return. Fan reactions were, of course, beyond excited…

But perhaps more notably, the group’s comeback and world tour announcement was followed by an impressive rise in value for YG Entertainment’s stocks. The company’s stock value has risen by about 10%, and reportedly even saw a rise of up to 11% when trading hours opened on the morning of July 6, reaching up to ₩51,400 KRW.

| @sultryjnk_/Twitter

As BLACKPINK’s songs reenter charts following the announcement as well…

…it’s impossible to deny the power the group holds!

We can’t wait to see just how far BLACKPINK will go as they make their long-awaited, historic comeback this coming August.

Source: Yonhap News