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YG Entertainment stocks drop 14% in one day

AKP STAFF
Posted by jennywill Tuesday, March 12, 2019

YG Entertainment stocks have dropped 14% since yesterday.

On the 11th, YG Entertainment ended their day at 37,150 KRW, 14.10% drop since the day before. YG Entertainment stocks have been chosen as the subject of short-stock selling on the 12th as well. Short-stock selling occurs when an investor immediately sells them, hoping he or she can scoop them up later at a lower price.

The stocks are no doubt being affected by Seungri's current controversy as well as his announcement of retirement from the industry.

  1. Big Bang
  2. Seungri
61 70,684 Share 81% Upvoted
 
Love__Peace
Love__Peace1,699 pts Tuesday, March 12, 2019 3
Tuesday, March 12, 2019

everyone under YG will be shock no not just cause of stocks everything related to their career is in a edge right now due to their one artists. everyone must be in a huge pressure. and based on knetz comments they dont even like the name YG Ent now.

21 (+24 / -3)
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Realvibekiller
Realvibekiller445 pts Tuesday, March 12, 2019 9
Tuesday, March 12, 2019

Anda the poor solo artist that just joined YGx literally has less than 5million views on her YouTube video. She was also was the girl in Seungris MV tho...please support her regardless of Seungris mess

19 (+23 / -4)
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