Big Wins For BTS & Co. As Big Hit Entertainment Goes Public & Prices Fluctuate

South Korean company Big Hit Entertainment – best known as the home of the record-breaking septet BTS – went public on Thursday (Oct. 15), and it’s been a bit of a rollercoaster ever since with share prices soaring then dipping, but ultimately proved to be a sizable success for Big Hit. 

Going public on South Korea’s KOSPI, Big Hit issued shares for 135,000 KRW (around $115 USD) – though they ultimately opened at 270,000 KRW –, raising 962.55 billion KRW ($822 million) and valuing the company at 5.8 trillion KRW ($4.1 billion). The immense valuation resulted in the seven members of BTS, who each have over 68,000 shares in the company that Bloomberg says is now worth $8 million per each member, and their producer, Bang Si-hyuk, is now worth around $1.4 billion.

The initial immense interest, however, fluctuated

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