Home » Entertainment » Karina and Lee Jae-wook Dating Rumors Impact SM Entertainment Stock Price

Karina and Lee Jae-wook Dating Rumors Impact SM Entertainment Stock Price

Lee Jae-wook (left) and Karina attending the Prada show. Photo|Prada SNS

The stock price of SM Entertainment, to which Karina belongs, closed lower due to the news of a romantic relationship between group Aespa member Karina (real name Yoo Ji-min, 23) and actor Lee Jae-wook (25).

According to the Korea Exchange on the 27th, SM Entertainment (hereinafter referred to as SM) closed at 77,900 won, down 2,800 won (3.47%) from the previous day. On this day, while major entertainment companies such as Hive, JYP, and YG showed a downward trend, SM’s stock price decline appears to have been influenced by the news of Espa Carina’s romantic relationship.

On this day, SM acknowledged the dating rumor between Karina and Lee Jae-wook, saying, “We are now getting to know each other.” The two reportedly met at the Prada fashion show in Milan, Italy last January and developed into lovers. It is said that the two people with perfect looks fell in love at first sight.

However, when the agency coolly acknowledged the romantic relationship, SM stock price, which had been on the rise that day, plummeted, falling to 76,700 won at one point during the day. Aespa, the 4th generation representative girl group, is currently SM’s representative girl group.

Espa Carina (left) and Lee Jae-wook acknowledged their romantic relationship. PhotoㅣStar Today DB

The stock prices of large music agencies often fluctuate due to dating rumors or contract renewal issues among their idol group members. This is because dating rumors of key members can shake up the fandom and even affect performance.

In the case of YG Entertainment, which includes the group Blackpink, its stock price fell whenever dating rumors arose between member Rosé and actor Kang Dong-won, Jenny and BTS’s V, and Lisa and TAG Heuer CEO (CEO) Frédéric Arnault.

The fact that SM stock prices are shaking due to Karina’s dating rumors is proof of Karina’s popularity and status.

Aespa, to which Karina belongs, debuted in 2020 and established itself as SM’s representative group with several hit songs such as ‘Next Level’, ‘Black Mamba’, and ‘Drama’. Espa is scheduled to release its first full-length album in the second quarter of this year and is also scheduled to hold its second world tour in June.

Lee Jae-wook, who debuted in the 2018 tvN drama ‘Memories of the Alhambra’, stood tall as the male lead by appearing in ‘Enter a search term: www’, ‘Extraordinarily Found Day’, ‘Illusion’, and ‘Lee Jae, I’ll Die Soon’. He appeared in the Disney + original series ‘Royal Lauder’, which will be released on the 28th.

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