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BTS Managing Agency Hybe's Stock Slumps Below IPO Price For 1st Time — Loses $10B In Market Value Since Peak
Wednesday, September 28, 2022 - 4:21am | 434Shares of Hybe Corporation, the managing agency for South Korean boy band BTS, plunged below the price of their initial public offering for the first time, extending a downturn that has erased roughly $10 billion from their peak. What Happened: On Wednesday, Hybe traded as low as 129,000 won, down...
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Alibaba Gets Into K-Pop
Thursday, February 11, 2016 - 1:06pm | 159Alibaba Group Holding Ltd (NYSE: BABA) acquired a minority stake in SM Entertainment, a South Korea-based record label, talent agency and entertainment provider. SM Entertainment is one of the biggest record labels in the "K-pop," or Korean pop industry. According to an English-translation of SM...