JYP Entertainment's Stocks are down 11% today, the biggest drop on a single day in the past 6 months for the company.
The company's stocks dropped 17% all month with 11% of that being just today, it is unclear if it is related to Chaeyoung and Jeongyeon leaving the company.
CHAEYOUNG is leaving JYP Entertainment.
"Hello, this is Chaeyoung.
I wanted to share this with ONCE first my family, who has always been by my side.
Iβm so excited to step into a new chapter and bring my new LIL FANTASY, a world where I can explore and build my music.
I want to deeply thank everyone at JYP and Team TWICE for believing in and supporting me over the past 14 years.
And to my TWICE members, who are always my strength and biggest supporters thank you, and I love you beyond words.
Most of all, please know that nothing changes with TWICE. Everything Iβve received is thanks to my time as TWICE, which will always be my roots.
I hope both Chaeyoung of TWICE and Chaeyoung in LIL FANTASY can continue to create music that brings meaning to you as well.
This is a new challenge for me, and I promise to keep growing into an even better person and artist.
Thank you for always believing in me.
I love you!"
These three make the most sense tbh.
Theyβve each been the most hard done by JYPE.
Jeongyeon has been begging for a ring gigs for years.
Chaeyoungβs artistry just simply cannot be facilitated by a company
And I donβt even think we need to explain Tzuyuβs whole situation