HYBE Shares Gain 18% Following UMG Partnership Announcement as Music Stocks Rise Overall

HYBE shares jumped 17.5% to 230,000 won ($170.84) this week following news that the company struck a 10-year partnership with Universal Music Group (UMG) that calls for the label to distribute HYBE’s physical and digital music and put its artists on HYBE’s Weverse social media platform. HYBE…#universalmusicgroup #umg #hybe #scooterbraun #southkorean #smentertainment #takyoungjun #jangcheol #spotify #livenation
Source: Reuters: Health - Category: Consumer Health News Source Type: news