Business
BTS become multi-millionaires in minutes as shares explode – Yahoo Finance Australia
BTS’ latest move: share market dynamite.
South Korean boy band BTS is one of the biggest musical acts in the world, and theyre now also making sweet music on the South Korean stock market.
Shares in BTS management company Big Hit Entertainment more than doubled their Initial Public Offering price upon their debut on Thursday, making each member of the septet a multi-millionaire and the chief executive a billionaire.
The IPO price was set at 135,000 won (AUD$166) in September but shares opened at 270,000 Korean won before surging hig…
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