Elon Musk's tweets cause stocks to soar again, this time after he posted about popular children's song, Baby Shark. — REUTERS
Samsung Publishing Co., the second largest shareholder in the producer of the "Baby Shark” viral YouTube song, surged to its highest level in more than a month after Elon Musk tweeted about the kiddie pop jingle.
Shares in the Seoul-based company that owns 19.43% in the song’s producer SmartStudy Co. climbed as much as 10%. The gains have helped the stock more than quadruple since the end of 2018 as the song became popular.
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