After all these years, JYP has finally outdone his fellow colleagues. Known as the Big Bad 3, JYP, SM, and YG have always been known as being Korea's number one creative outlet when it comes to producing anything K-Pop oriented. Due to his recent success with his 3 key groups, JYP's stock value has seen a major increase and topped lead company SM Entertainment, home of groups such as EXO and Girl's Generation.
(PHOTO Source: www.helloentgroup.com)
JYP Entertainment has taken the lead in the nation's entertainment industry since 2001. Analysts said that TWICE, GOT 7, Stray Kids and other new signers were the contributing factors. JYP's stock price has also been increasing for the past one and half years.
JYP's stock closed at 32,250 won ($28.98) on August 31. The market cap of JYP was 1.12 trillion won on the same day, while that of SM was 1.10 trillion won. JYP's market cap is expected to reach 2 trillion won in 2020 due to the company's next-generational plans to launch two boy bands in China and a girl band in Japan next year.
