HYBE Stock Price Drops After NewJeans Revelation, K-Netizens Rejoice

HYBE Stock Price Drops After NewJeans Revelation, K-Netizens Rejoice

On September 12, a topic titled “HYBE stock price is falling further and further” was posted on the Korean forum “theqoo”, which quickly attracted attention.

According to this topic, as of 9:00 a.m. (KST), HYBE’s stock price decreased, while the stock prices of other major entertainment companies, including YG, JYP, and SM, increased.

The drop in HYBE stock price is likely due to NewJeans’ recent video in which he denounces mistreatment within the company, calls for Min Hee-jin’s return, and expresses concern for the group’s future.

As a result, many netizens are cheering, saying that HYBE deserves to see its stock price drop further.

Here are some comments from Internet users:

  • I hope they get their karma
  • The stock price should decline even further
  • It’s still high, such a company should simply declare bankruptcy.
  • Isn’t today the “general shareholders meeting” of HYBE? 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 the military and we don’t know how long their contract will last, while SEVENTEEN will start enlisting soon. Isn’t it time to feed the cash cows?
  • I wonder when BTS’ contract will end. I have a feeling HYBE will go downhill as soon as their contract ends.

Source: theqoo

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