Live Nation shares reached an all-time high this week, and Spotify took back the losses that followed its Q2 earnings results.
HYBE, SM Entertainment, JYP Entertainment and YG Entertainment saw an average decline of 4.3% this week as music stocks overall were up 0.2%.
The 20-company Billboard Global Music Index fell 3.7% to 2,896.56, its second consecutive drop.
Spotify and other streaming companies were the standouts in a six-month period marred by tariff uncertainty.
Although 14 of the 20 stocks in the Billboard Global Music Index lost value, it declined just 0.2% as many of the companies with the biggest impact fared well.
The K-pop company's stock declined 6.8% for the week ended May 30 as the 20-company Billboard Global Music Index was unchanged.
The 20-company Billboard Global Music Index gained 0.2%, its seventh consecutive weekly gain.
The Billboard Global Music Index rose 3.1% to an all-time high of 2,794.37, surpassing the previous record of 2,755.53 set on Feb. 14.
Warner Music Group shares fell 9.6% this week following the company's quarterly earnings release on Thursday (May 8).
Universal Music Group, Spotify, Live Nation and Deezer also posted gains following their quarterly earnings reports.
