LLB Semicon and KeyEast’s stock prices went on an increasing trend and netizens believe that BTS are involved.
On the 13th of this month the KOSDAQ (Korea Securities Dealers Automated Quotation) market, LB Semicon’s stock price was reported to rise to 4,395 won at 10:04 A.M., which was 6.16% (225 won) more than the day before!
LB Semicon has also been recorded to have a 1-3% increase in stocks from the 10th to the 12th of this month. Also, Big Hit Entertainment is said to have acquired shares in a company related to LB Semicon called LB Investment.
KeyEast’s stock also rose to 2,710 won on the KOSDAQ market, a 2.07% (55 won) rise compared to the previous day. From the 6th to the 11th, it fell for about 4% but redeemed itself on the 12th when there was a dramatic increase of 1.92%.
Interestingly, last year BTS signed a contract assigning KeyEast’s Japanese branch Digital Avenger (DA) to manage their activities in Japan. This is why this favorable trend for the companies has been thought to be related to BTS and their rising popularity.