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Yeah1 shares hit ceiling as 'Brother' concert sold out in 40 minutes

TH (according to VnExpress) January 21, 2025 16:15

Yeah1's YEG code increased to its maximum amplitude after information that tickets for the 2-night concert 'Anh trai vu ngan cong gai' sold out in 40 minutes.

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Investors are monitoring the price changes of YEG shares on January 21.

During the morning, YEG shares fluctuated, sometimes falling below the reference price, but remained green for most of the trading time. From the end of the morning, this code increased vertically and officially reached the ceiling price in the early afternoon. The purple color was maintained until the closing price, raising the market price to 15,100 VND per unit.

Liquidity recorded more than VND45.3 billion, equivalent to nearly 3.1 million shares changed hands. This level is 58% higher than the average of the past year. More than 57% of matched orders came from active buyers.

The above developments were recorded right after the news that the concert "Anh trai vu ngan cong gai" taking place on the last two days of March in Ho Chi Minh City sold out in 30 and 40 minutes respectively. These are the 3rd and 4th nights that this concert has been held.

Yeah1 is the company that holds the copyright and produces two TV shows "Anh trai vu ngan cong gai" and "Chi dep dap gio", which have been broadcast since the end of June. YEG's market value has improved since they first held a concert for the show "Anh trai" in Ho Chi Minh City with a scale of about 20,000 people in mid-October 2024. After that, the second night concert in Hung Yen also attracted tens of thousands of spectators.

Since then, Yeah1's stock price has increased by 48%. However, in the last days of 2024, this code had many sessions of floor price, causing losses for investors who bought in.

This year, Yeah1 will also organize a concert for "Beautiful Sister", scheduled for March. However, they will then temporarily stop producing these two shows to focus on the new shows "Haha Farmer" and "Show it all".

YEG is one of 6 stocks that hit the ceiling price on the HoSE. Today, the stock market opened in green but turned red from the end of the morning and went below the reference price until the end of the session. The VN-Index closed above 1,246 points, down nearly 3.5 points compared to yesterday.

Liquidity increased by nearly 1,500 billion to about 11,500 billion VND. Cash flow was stronger in the afternoon - the time when stocks fell.

Foreign investors were net sellers for the 11th session, recording a value of about VND166 billion. However, this is the third consecutive session that foreign investors' selling pressure has decreased.

TH (according to VnExpress)
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Yeah1 shares hit ceiling as 'Brother' concert sold out in 40 minutes