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BIG DEBUT FOR BIG HIT

Big Hit has wowed an audience that quite possibly cannot identify a single member of BTS: investors. The share price nearly doubled on the K-Pop label’s first day of trading in South Korea, peaking at about $235.

The company had a value of about $7.6b by market close. On paper, the shares owned by Big Hit founder Bang Si-hyuk topped $3b by the end of the business day.

The stock closed at $225, 90% above the IPO price of $118.

TAGS: BTS | Big Hit | Stock
SURF’S UP
FOR HITS LIST
Good vibrations (3/8a)
SPEAKING OF BESPOKE: THE BEN WINSTON INTERVIEW
Carpool Karaoke dude's in the driver's seat. (3/8a)
BHASKAR MENON,
1934-2021
EMI architect had a remarkable career. (3/8a)
GRAMMY PERFORMER LINEUP REVEALED
Is there more to come? You better believe it. (3/8a)
GRAMMY WEEK KICKS OFF
Hear we go again... but virtually this time. (3/8a)
BLACK HISTORY MONTH
A jazz chronicle of fighting the power.
GRAMMYS: WHERE TO FROM HERE?
After the snubs, the show.
ACQUITTED
In a phenomenal display of cowardice.
MOVING THE NEEDLE
When vaccination schedules and touring schedules meet.
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