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[Alpha Biz=(Chicago) Reporter Paul Lee] According to the Korea Exchange, Cube Entertainment's stock price rose 43.52% from the beginning of the year to 23,250 won. The increase is not as small as other entertainment stocks, but the recent movement is somewhat disappointing.
This is because the agency has fallen 7.74% in the past month (May 15 to June 16) as it shifted to a selling tax. In other words, unlike HYBE and JYP, which continue to stretch this month, it hit a high point in April.
Cube Entertainment received attention thanks to the performance of the five-member female group (G-I-Dle). The first batch of the 6th G-Dle mini album "I FEEL’ (representative song Queencard)," released last month, is estimated to have sold 1.16 million copies, exceeding sales of the album for a year last year.
Starting with Seoul, the world tour began on June 17, with 5,000 to 6,000 seats, nearly double the previous 2,500 seats, which is expected to increase sales in the event sector.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
