Emmys for Netflix’s Squid Game Boost ‘K-Drama’ Stocks in Seoul
- Bucket Studio surged as much as 12% on ties to lead actor
- Hellbound producer ContentreeJoongAng climbs more than 5%
Squid Game
Photographer: Noh Juhan/Netflix
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Shares of Korean companies related to television production rose Tuesday after the Netflix Inc. megahit “Squid Game” won top honors at the television industry’s Emmy Awards.
Creator Hwang Dong-hyuk won for outstanding directing and Lee Jung-jae, who played the main character in the Korean series, won the Emmy for best actor in a drama series. Shares of Bucket Studio Co., which holds a stake in the agency representing Lee, closed 2.2% higher after surging as much as 12% earlier in the day.