Oscar Win Mints Gold for ‘Parasite’ Makers

Shares of the South Korean studio behind “Parasite,” this year’s best-picture winner at the Academy Awards, jumped 19% Monday

For investors in Barunson Entertainment & Arts—the South Korean studio behind “Parasite,” this year’s best-picture winner at the Academy Awards—it’s a jackpot. The studio’s stock jumped 19% Monday.

The thriller, which takes on the class divide in contemporary society with dark humor, is the first foreign-language film to win best picture. It also won best international feature film, original screenplay and director for filmmaker Bong Joon Ho. CJ ENM, an investor and a distributor of the film,...

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