[Featured Stock] Dreamus Company Up 34% in 2 Days... Music Industry Benefits from Ros?'s 'Apartment' Craze
'Apart', No.1 on Spotify US Chart for 3 Consecutive Days
Increased Interest Across Music Platforms Thanks to Ros?'s Popularity
Distributor YG PLUS Sees Double-Digit Rise After '2 Consecutive Wins'
Dreamus Company recorded a rise for two consecutive trading days following the previous day's limit-up. The related industry appears to be affected as Ros?'s new song "Apartment (APT.)" continues to set new records for success day after day.
![[Featured Stock] Dreamus Company Up 34% in 2 Days... Music Industry Benefits from Ros?'s 'Apartment' Craze](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
As of 2:51 PM on the 24th, Dreamus Company was trading at 2,355 KRW, up 4.19% (90 KRW) compared to the previous trading day. After hitting the limit-up (29.80%) the day before, Dreamus Company started the day with another rise, reaching a high of 2,730 KRW (9.93%) before falling. Combined, this increase amounts to about 34%.
Ros?'s "Apartment" is breaking its own records daily on the U.S. chart of Spotify, the world's largest music streaming platform. It has held the number one spot for three consecutive days and surpassed 2 million daily streams. This is a record-breaking achievement even when viewed from the perspective of K-pop. Although Jungkook's "SEVEN" last year and Jimin's "Who" this year each reached number one on the U.S. chart, no song had held the top spot for three consecutive days until now. It is enjoying an unprecedented, syndromic level of popularity for K-pop.
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Dreamus Company is a company that distributes music and albums. It also operates the music streaming platform "FLO." Dreamus Company is not directly related to Ros?. The company that distributes Ros?'s music is YG PLUS, a subsidiary of YG Entertainment. YG PLUS is also rising, up 12.11% today following two consecutive days of limit-up. Although not directly related, the music streaming platform industry as a whole has attracted attention thanks to Ros?'s "Apartment." Genie Music, which operates another music streaming platform "Genie Music," is also up 1.52%.
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