The Billboard Global Music Index dropped 1.5% to 1,355.65 this week, bringing its year-to-date gain to 16.1%.
Sphere, Live Nation and CTS Eventim saw the biggest gains on the Billboard Global Music Index, which rose 2.1% to 1,373.62.
The company's stock ended the week at $4.52 while the overall Billboard Global Music Index gained 1.1% for a year-to-date improvement of 15.2%.
The Billboard Global Music Index fell 1.9% but outperformed the S&P 500, Nasdaq composite and South Korea's KOSPI composite index.
The live entertainment company led stocks this week on the Billboard Global Music Index, which improved 0.5% to 1,355.68 for a year-to-date gain of 16.1%.
The Billboard Global Music Index dropped 0.8% this week to 1,348.41, bringing the year-to-date gain to 15.5%.
The Billboard Global Music Index rose 4.7% as 12 of its 21 stocks posted gains this week.
The 21-stock Billboard Global Music Index was unchanged at 1,298.80, marking the fifth straight week without an increase.
With just two of its 21 stocks in positive territory, the Billboard Global Music Index fell 3%.
HYBE, SM Entertainment, YG Entertainment and JYP Entertainment have collectively added $4.7 billion in market capitalization in 2023.
