Filming'Dad Sang' and going down... The beginning of Big Hit is 4% below the deadline

Group BTS (BTS) agency Big Hit ended at a price below the initial price on the 15th when they entered the KOSPI.

On this day, in the securities market, Big Hit finished trading at 258,000 won, down 4.44% from the initial price of 270,000 won.

Big Hit, which collected 58 trillion won in margin from the public offering stock subscription, succeeded in so-called'tasang', with the upper limit soaring to 351,000 won after the initial price was decided at twice the price of the public offering.

However, the upper limit was released immediately, and afterwards, the rise sharply decreased, causing the stock price to fall below the initial price in the afternoon.

SK Biopharm, which recorded the upper limit for 3 days in a row after listing, and Kakao Games, which hit the upper limit for 2 consecutive days, did not succeed in the'Daesang' parade.

Still, Big Hit's share price is still at a high level, nearly double the public offering price of 135,000 won.

Based on the closing price, Big Hit's market capitalization reached 8,732.3 billion won, ranking at No. 32 on the KOSPI, and quickly became the'entertainer'.

The market cap of Big Hit surpassed the combined market cap of 2,781.2 billion won by three times more than the three major agencies, JYP Ent, YG Entertainment, and SM.

On this day, the transaction value of Big Hit was KRW 1.94 trillion, ranking first in both KOSPI and KOSDAQ.

(Photo = Big Hit Entertainment YouTube capture, Yonhap News)