YG Entertainment has renewed its exclusive contract with all four members of BLACKPINK, the company announced Wednesday (Dec. 6), sending stock in the K-pop giant soaring on news that its most successful act would remain with the agency. At the market’s open, YG’s share price skyrocketed from 48,000 KRW ($36.57) — its lowest since January — to 61,900 KRW ($47.16), a 29% increase. It has since settled down to 58,700 KRW ($44.72) at time of publishing, which still marks a more than 22% increase since the start of trading on Wednesday and a year-to-date gain of 24%. Related
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