Cube’s Stock Prices Surge Following (G)I-DLE Renewal Confirmation by Soyeon and Soojin Discussion

Cube Entertainment Shares Surge Following (G)I-DLE Contract Renewal

As of 9:05 a.m. on December 2, Cube Entertainment’s stock is trading at 17,440 KRW (approximately 12.4 USD) on the KOSDAQ, reflecting an increase of 1,060 KRW (6.47%) compared to the previous trading day. Throughout the session, the stock reached a peak of 18,010 KRW (about 12.8 USD), marking a remarkable 9.95% rise.

The Catalyst: (G)I-DLE’s Contract Renewal

The significant spike in Cube Entertainment’s stock can be traced back to the recent announcement regarding the contract renewal of their prominent girl group, (G)I-DLE. On November 30, during the “MMA 2024″ceremony at the Inspire Arena in Incheon, the group shared exciting news of their re-signing, along with winning the prestigious “Record of the Year”award.

Confirmation from the Group Leader

On December 1, Jeon Soyeon, the leader of (G)I-DLE, confirmed the renewal through a heartfelt Instagram post, declaring that all five members have dedicated themselves to continuing their journey with Cube Entertainment. Her statement reflected a deep bond forged over the past seven years, filled with shared experiences of joy and adversity that have strengthened their unity.

Soyeon expressed, “Over the past seven years, we’ve experienced joy, sadness, frustration, and hope together. These experiences have made us even stronger as a group.” She added, “Given our diverse backgrounds, it took time for us to come to this decision. Nevertheless, we all unanimously agreed to stay together moving forward.”

In her post, she also conveyed her pride in continuing her role as the group’s leader, emphasizing their commitment to remain united with their fanbase, known as Neverland. “I’m incredibly happy and proud to continue as the leader of (G)I-DLE for a long time. Let’s stay together forever, with Neverland and as idols,” she stated.

Addressing Past Doubts

This announcement gained additional attention following Soyeon’s performance during the 2024 MAMA Awards in Osaka on November 23, where her rap alluded to rumors surrounding former member Soojin’s departure. She recounted doubts expressed during that time, singing, “Back in 2021, you said, ‘What can you do without Soojin?’ If I had let those words affect me, I wouldn’t have made it this far.” These lyrics ignited speculation about the group’s future.

On the same evening at the MMA event, Soyeon delighted fans with the revelation that all members had agreed to renew their contracts just before taking the stage, affirming their dedication to producing exceptional music together now and in the years ahead.

Jeon Soyeon’s Full Statement on Instagram

“To Neverland and everyone who loves (G)I-DLE’s music, thank you so much!

And to my members, I love you the most!

Over the past seven years, we’ve shared joy, sadness, frustration, and hope. These experiences have made us even stronger as a group.

Since we all grew up in different countries and environments and met as adults, it took us some time to make this decision. Neverland, you were worried, weren’t you?

But we all shared the same thought—to stay together as five.

I’m so happy and proud to continue as the leader of (G)I-DLE for a long time.

Thank you, Miyeon, Minnie, Yuqi, and Shuhua. I love you all so much.

Let’s stay together forever, with Neverland and as idols!”

For further information, refer to the original article on Naver.

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