Because of the Seungri Case YG Shares So Dropped, SME Precisely Rise Thanks to the D.O - Because of the case of Big Bang's Seungri which made him withdraw from the entertainment world, YG's shares could not help but be affected. Agency shares plunged to 14% since Seungri was named a suspect and announced his retirement.
YG Entertainment closed its shares at 37,150 Won (Rp. 467,530.55), down 14.10% since Monday (03/11/2019). The next day, YG shares were also revealed to still recovered after the case that happened to Seungri.
The struggle for direct stock purchases occurs when an investor sells it. Buyers certainly hope to get YG Entertainment shares at a cheaper price. Until now, the Seungri case is still being developed by the authorities.
SME Shares Rise Up
Rumors suddenly circulated if D.O was the only EXO member who would not extend his contract with SM Entertainment on Wednesday (03/13/2019). The agency that knew the news without the source immediately denied it and explained that there was still plenty of time before the members' contracts expired. The D.O contract itself will even expire in 2022.
Because of this, the shares of SM Entertainment went up significantly. When the initial rumors arose, the shares had indeed dropped but once there was confirmation, the shares immediately rose and exceeded their original rates. This even happened in just less than 30 minutes.
On the other hand, fans were relieved that SM had immediately responded to the D.O rumors which made them worry that idol stars had chosen not to continue activities with the group.
Source: kapanlagi.com
YG Entertainment closed its shares at 37,150 Won (Rp. 467,530.55), down 14.10% since Monday (03/11/2019). The next day, YG shares were also revealed to still recovered after the case that happened to Seungri.
The struggle for direct stock purchases occurs when an investor sells it. Buyers certainly hope to get YG Entertainment shares at a cheaper price. Until now, the Seungri case is still being developed by the authorities.
SME Shares Rise Up
Rumors suddenly circulated if D.O was the only EXO member who would not extend his contract with SM Entertainment on Wednesday (03/13/2019). The agency that knew the news without the source immediately denied it and explained that there was still plenty of time before the members' contracts expired. The D.O contract itself will even expire in 2022.
Because of this, the shares of SM Entertainment went up significantly. When the initial rumors arose, the shares had indeed dropped but once there was confirmation, the shares immediately rose and exceeded their original rates. This even happened in just less than 30 minutes.
On the other hand, fans were relieved that SM had immediately responded to the D.O rumors which made them worry that idol stars had chosen not to continue activities with the group.
Source: kapanlagi.com
