On September 12, a topic titled “HYBE’s stock price is falling further and further” was published on the Korean forum “theqoo”, quickly drawing attention.
According to this topic, as of 9 AM (KST), HYBE’s stock price has decreased, while the stock prices of other large entertainment agencies, including YG, JYP, and SM all see rises.
The drop to HYBE’s stock price is likely due to NewJeans’ recent video exposing their mistreatment in the company, demanding Min Hee-jin’s return, and expressing worries about the group’s future.
As a result, many netizens are rejoicing, saying HYBE deserves to have its stock price decrease even further.
Below are some comments from netizens:
- I hope they get their karma
- The stock prince should decrease even more
- It’s still high now, a company like that should just go bankrupt.
- Isn’t HYBE’s “general meeting of shareholders” today? The shareholders will be angry. That company will be in trouble
- If that company cares about money, they shouldn’t do anything to NewJeans. BTS is still in their military service and we don’t know how long their contract will last, while SEVENTEEN will be starting enlistment soon. Isn’t it a time to nurture cash cows?
- I wonder when BTS contract ends. I feel like HYBE is going to go downhill as soon as the contract ends.
Source: theqoo
