How Comebacks, Bad News, and Rumors affect SM Entertainment's stock price

November 14, 2015 @ 2:51 pm

SM Entertainment went public in the early 2000's and is listed on the KOSDAQ as 041510. The stock has split multiple times since its IPO and the stock price has risen exponentially. This has made SM chairman Lee Soo Man a very wealthy man and his stock holdings in the company he founded are worth over $200 million USD. He has a high net worth due to his stock holdings but that can fluctuate depending on the stock price at any given moment. If SM's stock price were to drop 10%? That means he lost...

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