Black Pink Save YG Entertainment's Stock Crisis - Since the Seungri scandal broke, YG Entertainment has suffered losses in share affairs.
YG Entertainment has recently been hit by a variety of problems, especially in matters of shares. But Black Pink was able to save the agency that sheltered them with an announcement.
Since the Seungri scandal broke, YG Entertainment has suffered several major losses. On March 11, YG Entertainment experienced one of their biggest losses, the share price decreased by 14.10 percent and estimated losses of more than USD 100 million (or around Rp. 145 billion).
The decline in stock prices for one day will not worry too much for the company. But their shares have dropped by more than 25 percent since the Seungri scandal. This caused the shareholders and civil groups to threaten to sue Yang Hyun Suk.
As previously announced, Black Pink is confirmed to be comeback at the end of March. Jennie and friends will release one album even though the exact date has not been announced.
Source: wowkeren.com
YG Entertainment has recently been hit by a variety of problems, especially in matters of shares. But Black Pink was able to save the agency that sheltered them with an announcement.
Since the Seungri scandal broke, YG Entertainment has suffered several major losses. On March 11, YG Entertainment experienced one of their biggest losses, the share price decreased by 14.10 percent and estimated losses of more than USD 100 million (or around Rp. 145 billion).
The decline in stock prices for one day will not worry too much for the company. But their shares have dropped by more than 25 percent since the Seungri scandal. This caused the shareholders and civil groups to threaten to sue Yang Hyun Suk.
Source: Koreaboo
See this post on InstagramA shipment shared by BLΛƆKPIИK (@blackpinkofficial) on Mar 3, 2019 at 5:00 PSTYG Entertainment shares continued to fall, but the announcement of the Black Pink comeback had a positive effect. Shares increased by 2.10 percent. It may not seem much but every small change in stock prices makes a big difference.
As previously announced, Black Pink is confirmed to be comeback at the end of March. Jennie and friends will release one album even though the exact date has not been announced.
Source: wowkeren.com
