Uncertainty over BTS's military enlistment have wiped over $10B over the past year from HYBE's market cap.
HYBE's stock is down approximately 70% from their peak to below IPO price. To counter-act their dependency on BTS, HYBE has been actively investing into AI and IT technologies, as well as NFT's.
One of their most recent investments was acquiring Superton, an AI voice developer for $40M. The company was first seen in 2020 on singing show "AI vs. Human." Whether these investments will pan out for HYBE is still unknown, but they are now in full blown panic mode, entering various industries to decrease their dependency on BTS.
Please get yourself educated in Financial and Market Investment first before writing such a dumb article 🤦🏻♀️🤦🏻♀️🤦🏻♀️.
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Dr_Little10,835 ptsSunday, October 2, 2022 6
Sunday, October 2, 2022
Dear user, I genuinely do not think that Hybe’s hype is sustainable but this article is hyping the negative sentiment and reality is not really that bad. Capital markets collapsed due to multiple reasons and Hybe cannot remain immune to it. Many lost more than 75% of value e.g. Netflix and comparing to those companies from relevant industries Hybe is doing ok-ish. Should I mention that a lot of listed tech companies lost 95% of value? Some delisted? yep that happened as well.
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Please get yourself educated in Financial and Market Investment first before writing such a dumb article 🤦🏻♀️🤦🏻♀️🤦🏻♀️.
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