HYBE Stock Value Declines Following NewJeans’ Insights, K-netizens Celebrate

On September 12, a post titled “HYBE’s Stock Price Is Falling Further and Further” gained significant traction on the Korean forum “theqoo.”

As of 9 AM (KST), HYBE’s stock price has seen a decline, while stocks of other prominent entertainment firms, such as YG, JYP, and SM, have been on the rise.

The decline in HYBE’s stock price is likely influenced by a recent video from NewJeans revealing their mistreatment within the company, which includes a demand for Min Hee-jin’s return and concerns about the group’s future.

Consequently, numerous netizens have expressed their satisfaction, suggesting that HYBE deserves a further drop in stock price.

Here are some comments from the online community:

I hope they get their karma.
The stock price should decrease even more.
It’s still too high; a company like that should just go bankrupt.
Isn’t HYBE’s general meeting of shareholders today? The shareholders will be upset. This company is in trouble.
If they care about money, they shouldn’t mistreat NewJeans. BTS is currently in military service, and we don’t know how long their contract will last, while SEVENTEEN will soon start their enlistments. Shouldn’t they nurture their cash cows?
I wonder when BTS’s contract ends. I feel like HYBE will struggle as soon as the contract is over.

Source: theqoo