SM Entertainment Co., Ltd. (041510.KQ)
| Previous Close | 57,100.00 |
| Open | 57,100.00 |
| Bid | 58,000.00 x 0 |
| Ask | 58,400.00 x 0 |
| Day's Range | 56,900.00 - 58,900.00 |
| 52 Week Range | 55,100.00 - 141,500.00 |
| Volume | |
| Avg. Volume | 122,966 |
| Market Cap | 1.328T |
| Beta (5Y Monthly) | 0.85 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1,200.00 (2.10%) |
| Ex-Dividend Date | Dec 27, 2023 |
| 1y Target Est | N/A |
- Bloomberg
Kakao Founder’s Trial Melds Kpop, Billionaires and Markets
(Bloomberg) -- Kakao Corp.’s founder goes on trial Wednesday to face allegations of rigging prices during the takeover battle for K-pop powerhouse SM Entertainment Co., a watershed moment for South Korea’s internet and media industries.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAfter a Record Hot Summer, Pressure Grows for A/C MandatesCh
- Bloomberg
Tech Star Arrested in Korea After $10 Billion Fall From Grace
(Bloomberg) -- Three years ago, Brian Kim sat at the pinnacle of South Korea’s internet industry — a celebrated entrepreneur who created the dominant messaging platform for the country’s 50 million people. Today, he’s in detention, preparing to fight in court for his freedom and his empire.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’Stocks Caught
- Associated Press Finance
South Korean tech giant Kakao's founder arrested in stock price manipulation case
South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price rigging during his company’s takeover of a major K-pop agency last year. Kim’s arrest came after the Seoul Southern District Court approved an arrest warrant, citing concerns that he could flee or destroy evidence. Kim faces allegations that he orchestrated and approved schemes to collaborate with the operator of a private equity fund to deliberately inflate the stock price of K-pop agency SM Entertainment to prevent Hybe Corp., the parent company of another K-pop powerhouse behind global sensation BTS, from buying SM Entertainment, according to the prosecutor.
