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omonatheydidYG Entertainment’s stocks proceed to drop further.
On June 12, Dispatch reported on B.I allegedly attempting to purchase illegal drugs. The rapper then personally announced his departure from iKON, and YG confirmed that he will be leaving both his group and agency.
As of June 12, YG’s stocks are priced at 31,950 won (approximately $27), which is a 4.05 percent decrease from the previous day.
YG has been seeing a downtrend in their stocks beginning around late February following the recent events surrounding the agency. In March, their stock prices plummeted to approximately 30,000 won (approximately $25).
YG’s market capitalization fell from 834.7 billion won (approximately $705.6 million) in January to 581.4 billion won (approximately $491.5 million) on the day of this article.
Source: Naver via Soompi
On June 12, Dispatch reported on B.I allegedly attempting to purchase illegal drugs. The rapper then personally announced his departure from iKON, and YG confirmed that he will be leaving both his group and agency.
As of June 12, YG’s stocks are priced at 31,950 won (approximately $27), which is a 4.05 percent decrease from the previous day.
YG has been seeing a downtrend in their stocks beginning around late February following the recent events surrounding the agency. In March, their stock prices plummeted to approximately 30,000 won (approximately $25).
YG’s market capitalization fell from 834.7 billion won (approximately $705.6 million) in January to 581.4 billion won (approximately $491.5 million) on the day of this article.
Source: Naver via Soompi
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Date: 2019-06-12 10:03 am (UTC)no subject
Date: 2019-06-12 10:22 am (UTC)It really sucks for the artists who might not be involved but all the money goes to the company, and I'd rather not support that with SO much public knowledge. It just feels wrong.
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Date: 2019-06-12 11:14 am (UTC)(no subject)
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Date: 2019-06-12 10:45 am (UTC)no subject
Date: 2019-06-12 01:39 pm (UTC)(no subject)
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Date: 2019-06-12 11:04 am (UTC)no subject
Date: 2019-06-12 11:12 am (UTC)no subject
Date: 2019-06-12 11:27 am (UTC)ahhfuck i like ikon it won't be the same, like 2pm with no jay.
neway damn that company is paying some serious karmic debt.
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Date: 2019-06-12 11:32 am (UTC)(no subject)
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Date: 2019-06-12 11:34 am (UTC)obligatory comment wishing for all the female artists still under YG to break free
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Date: 2019-06-12 11:35 am (UTC)(no subject)
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Date: 2019-06-12 11:52 am (UTC)But also, damn! With all the mess surrounding YGE lately, I would be on my super best behavior
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Date: 2019-06-12 12:19 pm (UTC)no subject
Date: 2019-06-12 03:48 pm (UTC)(no subject)
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Date: 2019-06-12 12:19 pm (UTC)i'm not naive enough to think this is only happening in yg, but it sure as hell seems to be way more common, normalized and on a bigger scale than we've ever seen before. i wouldn't be surprised if seniors (like big bang members) enable and peer pressure the younger idols/trainees to feed into this culture. TOP didn't get questioned enough for having drug parties with young, female trainees.
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Date: 2019-06-12 12:25 pm (UTC)That creep sure fucking didn’t
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Date: 2019-06-12 01:06 pm (UTC)no subject
Date: 2019-06-12 01:08 pm (UTC)no subject
Date: 2019-06-12 03:21 pm (UTC)(no subject)
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Date: 2019-06-12 01:13 pm (UTC)no subject
Date: 2019-06-12 02:13 pm (UTC)no subject
Date: 2019-06-12 01:51 pm (UTC)no subject
Date: 2019-06-12 02:15 pm (UTC)(no subject)
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Date: 2019-06-12 01:54 pm (UTC)yeah real real smart to buy hard drugs when you know youre in a yg boyband
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Date: 2019-06-12 01:59 pm (UTC)Yikes
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Date: 2019-06-12 02:00 pm (UTC)no subject
Date: 2019-06-12 02:02 pm (UTC)I mean... I kinda feel for Hanbin bc everyone makes dumb mistakes. But at the same time I’m rolling my eyes at all the brain dead YG stans who have convinced themselves that he couldn’t possibly have done such a thing simply bc he loves his mom and bought ice cream for his members one time.
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Date: 2019-06-12 04:00 pm (UTC)(no subject)
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Date: 2019-06-12 02:03 pm (UTC)no subject
Date: 2019-06-12 02:17 pm (UTC)BI was stupid af but this proves that YGE ain’t shit and that the cops better watch their backs as more corruption allegations come to light.
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Date: 2019-06-12 02:26 pm (UTC)no subject
Date: 2019-06-12 04:00 pm (UTC)no subject
Date: 2019-06-12 02:53 pm (UTC)no subject
Date: 2019-06-12 03:08 pm (UTC)no subject
Date: 2019-06-12 03:22 pm (UTC)no subject
Date: 2019-06-12 04:57 pm (UTC)Except for Seungri and his circle. Burn them.
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Date: 2019-06-12 03:23 pm (UTC)Daaang, i feel so bad for all the akmu and all the ggroups! And sucks for the yg treaure groups that havent debut yet, just a huge yiiikes all round