How 'Gangnam Style' Gave Psy's Father an 800% Stock Boost

Shares of DI Corp., a South Korean company that makes testing equipment for the semiconductor industry, shot up last year. The reason? Perhaps, you say, a robust increase in the company's earnings fundamentals, which was digested by the best and brightest investors that make up the market's hive mind?

Image: Quartz

No, of course not. A big part of the increase is related to the fact that the company was founded by the father of Psy, the Korean pop rapper whose "Gangnam Style" remains the all-time most viewed YouTube video. Psy-daddy Park Won-ho remains the controlling shareholder and chairman of DI Corp. Read more...