Following BTS’ announcement of a “hiatus,” their management label HYBE Co. lost $1.7 billion in market cap, a massive dip that did not reverse even after the group clarified, “We are not disbanding.” The company’s stock price plunged a whopping 28%, The New York Times reports, reaching an all-time low of about $108…
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After BTS Announced Hiatus, Management Label HYBE Lost $1.7 Billion in Market Cap
Wren Graves
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