[240912] HYBE Stock Price Plummets 6% After NewJeans Issues Bang Sihyuk an Ultimatum
As of 9:33 AM on this day, Hybe is trading at 167,400 won, down 3.80% from the previous day. On this day, Hybe started trading at 169,500 won (-2.53%), but the decline widened during the day, and at one point, it plummeted 6.15% to 163,200 won.
The weakness of Hybe is because the risks related to it have surfaced again as NewJeans publicly demanded the return of former CEO Min. NewJeans said on YouTube the previous day, “What we want is the original ADOR where CEO Min Hee-jin leads management and production in an integrated manner,” and demanded, “Return ADOR to its original state by the 25th.”
After the conflict between ADOR's parent company Hybe and former CEO Min broke out in April, former CEO Min was abruptly dismissed from his position as CEO of ADOR, the agency for NewJeans, on the 27th of last month, citing reasons such as the 'principle of separation of management and production.'
Member Minji stated during the live broadcast, "The reason I'm making this request is because this is a way for us to get along without fighting with Hybe."
Danielle said, "If you really want to do this for us, don't just say you put the artists first, but just let us do what we can rely on, what we can really enjoy, and what we love to do."
"I don't want to conform or sympathize or follow the society that those people belong to," Haerin said, raising her voice. "And I will never choose to go in that direction because that is absolutely not the direction for me."
Hyein said, "Hybe's methods are not right," and "Please bring back the CEO and return him to his original position as an ADOR, not a stranger. We will also do our job well in our place."
🔗: (https://t.co/QV82SeGZfE)
#NewJeans #뉴진스 #ニュージーンズ
@taehyunbarbie Imo i think its good to terminate contracts with hybe. There's no other way to fix this issue unless bang pig will decide to act professional and step aside his beef with mhj. But i dont think so. Only hell can fix bang si hyuk childish attitude
#방시혁_2주준다_민희진_복귀시켜라
hybe immediately deleted newjeans' live but didn't act on the leaked videos from Dispatch for months even though they claim to "protect and care for artists."🤷♀️
Yes MHJ is a problem. But she’s not the ONLY problem…
- HYBE leaked their training videos and medical records
- BELIFT wrote that comment about their concept being for men
- HYBE threatened a long hiatus
Y’all so focused on MHJ you’re ignoring everything else that happened.
@Liatokii Im not suprised when armies are on the bad side.. What do you expect on a toxic company, a toxic fandom. Since blackpink and bts era. Their toxicity is unmatched. Even the celebrities.. What a lame fandom