News of BTS's reunion helps HYBE stock hit new high

DI PY |

HYBE stock continues to grow, hitting a 52-week high amid BTS's upcoming reunion.

On February 12, Korean time, HYBE shares were trading at 250,000 won, up 4,500 won (1.83%) from the previous day.

Growing audience anticipation surrounding BTS' reunion is the main driver behind HYBE's stock surge.

Jin and J-Hope have now been discharged, RM and V will complete their service on June 10, followed by Jimin and Jungkook on June 11. Suga, who is serving as a public service worker, will be discharged on June 22. So, around the end of June, BTS could reunite.

Adding to HYBE's stock growth, J-Hope will embark on his first solo world tour later this month. His tour will kick off with three concerts at the KSPO DOME in Seoul (February 28 and March 2) before heading to Chicago, Mexico, Manila, Saitama, Singapore, Bangkok, and more, for a total of 31 shows in 15 cities.

Previously, J-Hope expressed his determination through Weverse, saying: "This year will be extremely important for me. I have a lot to show you."

Financial analysts remain bullish on HYBE, seeing BTS' comeback as a catalyst for increased revenue and profits.

In addition to BTS, SEVENTEEN, TXT, LE SSERAFIM, TWS, and BOYNEXTDOOR are also expanding their global reach and achieving further international success, which can maximize HYBE's impact in the market.

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