YG’s Stocks Drop After News Of Seungri Being Booked + Other Agencies’ Stocks Also Fall

[benihime99.livejournal.com]

YG Entertainment’s stocks plunged following news of the police booking BIGBANG member Seungri.

On March 11 at 2:40 p.m. KST, YG’s stock prices fell 6700 won (approximately $5.90) and 15.61 percent to 36,850 won (approximately $32.47). YG’s stocks decreased for five days in a row starting February 26, when the first report about Seungri allegedly seeking sexual escort services for foreign investors was released. On March 8, YG’s stocks rose back to 43,000 won (approximately $37.89), but their stocks are falling again following news of the police booking Seungri on March 10.

Meanwhile, SM Entertainment and JYP Entertainment have also seen a decline in their own stocks, with SM’s stocks priced at 39,900 won (approximately $35.16), which is a 11.92 percent decline from the previous day, and JYP’s stocks at 29,450 won (approximately $25.95), a 2.16 percent decline from the previous day.

FNC Entertainment’s stocks have also dropped greatly, as it is valued at 9,090 won (approximately $8.01), which is a 11.32 percent fall from the previous day. Cube Entertainment’s stocks fell 5.03 percent to 5,470 won (approximately $2.82) as well.

I need an excuse to post this crappy gif I made (goshipgurl made me do it, blame them)

source: soompi, ajunews, naver

Comments

[volume1995.livejournal.com]

that gif is KILLING me
also living for YG going broke! don't let his stocks get back up there!

[bunnyfries.livejournal.com]

Honestly will the company recover from this or will they collapse 😏

Karma uppercutting 2019 like

[rockerista03.livejournal.com]

YG, SM and FNC really took the hit damn. I lowkey feel good for YG’s falling stocks tho lmao

[lydzi.livejournal.com]

That gif omg 🤣

Also good. May YG perish.

[goshipgurl.livejournal.com]

Omg you really made the gif, I'm crying 😂😂😂😂 it's perfect!!!

[goshipgurl.livejournal.com]

Also I hope YG's going up in flames. Someone save the girls, the rest can go down with seungri

[pikapika217.livejournal.com]

yes save the girls and Suhyun's brother

[benihime99.livejournal.com]

the trainees too, they don't deserve that shit

[donaldjdrumpf.livejournal.com]

Mte kill Treasure! Long live TXT!

[phililen3.livejournal.com]

OMG. I literally just found out about this scandal a minute ago. I'm not surprised AT ALL. Part of me was expecting this type of downfall with him. He's always given skeevy vibes made worse by that sexual assault allegation some years ago.

Let me dig through the past posts and catch up on this.

[phililen3.livejournal.com]

I actually have up.

[pikapika217.livejournal.com]

ANYWAY, be sure to buy & stream #Spring when it becomes available.

[gathyou.livejournal.com]

This gif is perfect omg

[jyusou.livejournal.com]

YG and Seungri: 💩 out of 10
That gif: 🌷🌺😍💖💞⚡😤💕✨ out of 10

Looks like we may see the demise of YG in this lifetime. 🥂

[timetobegin.livejournal.com]

It's what they deserve

[horichansenpai.livejournal.com]

FNC is probably trying to find ways to hopelessly save Jonghun's ass (a reporter apparently cleared Hongki's name, no idea what's up with CNB Jonghyun)

[juhli.livejournal.com]

yeah....i suspect that a FNC artist is involved in this and that's why they didnt give a statement in regards to Hongki....because they would have to give statements about CNB JH and FTI JH as well, or at least they don't want to draw more attention for now

[rockerista03.livejournal.com]

Oh damn, is CNB JH being suspected? Isn’t his last name Lee?

[juhli.livejournal.com]

There are two singers rumored i think, a Lee and a Choi. People are guessing around based on Seungri/Joonyoungs friend circle and who has those surnames, which is also how Hongki got suspected.

[rockerista03.livejournal.com]

tbh, crime scandal aside, CNB JH always gave me douche vibes idk. Like the douche vibes I got from FTI JH are the same douche vibes I get from CNB JH. But idk it could just be me.

[http://users.livejournal.com/psychedelico_/]

CNB JH is 100% a douche. he openly talked about being physically abusive to his bandmate, jungshin, and made a homophobic comment about him on national TV. can't remember if he's made shitty comments about women but he's proud of being a manly busan man, so he probably has.

[rockerista03.livejournal.com]

I don’t understand that part of the male species tbh. Or just douchebags in general. Making shit comments about women literally does not make them manly, idg how they don’t understand that.

I forgot he was a ‘manly Busan man’ oh my god, he always said how masculine he was because he’s from Busan lol. Busan man doesn’t mean major douche. Jungkook’s more of a manly Busan man without the unnecessary douchebaggery than him lol.

[welljustguess.livejournal.com]

Nice gif, OP

[welljustguess.livejournal.com]

Yes save the girllls.
BP can just go to any agency and releasing any song, they will be fine. Just look at their success with the ugly DDDD

[myungung.livejournal.com]

hahaha the gif is hilarious. did I miss something or are SM and JYP related to this scandal?

[http://users.livejournal.com/psychedelico_/]

maybe people are preemptively selling their stocks in case anyone from those companies are revealed to have played some part in the shitfest?

[scleroticdentin.livejournal.com]

Yes that gif is awesome. Also burn yg burnnn!!

[thekellieee.livejournal.com]

that gif screaming

[aures.livejournal.com]

i bet park bom is sitting around her apartment all cosy and happy right now

[rainstormraider.livejournal.com]

I came for the gif and the karmic relevance of this amazing post.

Burn them all.

[belintuchiha.livejournal.com]

I need YG to go bankrupt but more importantly, he needs to go to JAIL.

[dior-chic.livejournal.com]

I’ll get drunk for the first time in 4/5 years if he goes to jail

[kenziekinz09.livejournal.com]

This saga really needs its own tag

[ashdevilrun23.livejournal.com]

thank you for that gif op

[daynr.livejournal.com]

OP you a star!

I bet SM (and any other agency who doesn't yet have anyone called out/suspected) IS pissed. I hope that if this scandal doesn't take out YG, the fact other agencies are affected mean they will take out YG.

But not punish YG trainees or idols who don't suck.

[kastih.livejournal.com]

Is that fire I see on the horizon?

all akmu needs is to figure out distribution and they'll be fine. lee hi has all of these hidden-ish connections that crop up once in a blue moon and she'll be fine. i'm not sure how bp'll fare as a group tbh. I know someone'll definitely pick up Jisoo but...idk...i feel bad for the new bg especially jidam because he legit gave his whole-ish youth for this. I don't care much about winner/ at all about ikon. I can't believe anda jumped on a sinking ship like that.


anyway...i know i've been saying for years now that i want the whole entity of yg to burn...but i never expected it to aactually happen.(if sm manages to keep out of this then you KNOW they're gonna make yg ent regret stepping that far out of line)

[seishin.livejournal.com]

Sorry for the unaware question, but how could SM punish YG?

[kastih.livejournal.com]

(late reply but) i'm not actually sure lol, but sm has proven time and time again that they have way too much power and way too much pettiness to let something that could/is affecting them negatively just.... go.

[hpn88.livejournal.com]

I feel bad for some of the artists and trainees in YG right now. It's not their fault the people in charge are awful humans.

But LITERALLY BURN YG BURN!!!!!!!!!!!!!!!
I want YG to go to jail so bad I can't even describe it.

(Also mildly curious why SM stock dropped. No one from SM is involved yet right? A 10% drop is a lot. JYP only dropped 2%)