Once there, click on the red 'Activate Panic mode' button, as shown below. From there, click on 'Security' and then select 'Advanced'. Many investors fear that when BTS members enlist in the army, HYBE will not have any artists that can cover the group's revenue hole. To activate Panic mode, go to the admin section of your account. The issue of military exemption for BTS continues to be controversial and continues to be a key point affecting HYBE's stock price.
By early September, HYBE's stock price had risen 6.76%, ending at 182,000 KRW (about $131).īut just one day later, the stock price dropped again at 8.25% after the Ministry of Defense confirmed that it would be difficult to change or the results of the poll did not affect BTS's enlistment. Overview Updates (2) Reviews (2) Version History Discussion God Last update, They werent put into god mode. The growth of HYBE was further pushed up when the positive results of the opinion poll conducted by the Ministry of Defense about the application of special military service. By August, the value of HYBE shares increased again, reaching 15.67% thanks to the successful debut of girl group NewJeans.
#Final project panic mode series#
Along with the school violence scandal of Kim Garam, a former member of the girl group Lesserafim, a series of investors withdrew their capital.Īt that time, HYBE's stock fell 25%, losing a market capitalization of 2 trillion KRW (about 1.44 billion USD). The growth of HYBE stock is attributed to BTS's explosive activities despite the pandemic.īut until June 2022, HYBE stock began to plunge after the announcement that global group BTS announced to suspend group activities to promote solo projects of 7 members. After that, HYBE's stock price steadily increased until it peaked on Novemat 419,000 KRW (approximately $295). This is the first time that HYBE's shares have fallen below the IPO price since it began listing on the exchange in October 2020.
This means that HYBE has just lost a sum of $10 billion, compared to the peak in November last year. It is an 'interaction design-driven device idea that uses computer-based self-guided treatments for children who suffer from panic disorder, to help them return to a calm state and warn those around them of their panic attack (Chasqueira, A, Neves, M., Rafael, S., & Melo, A. Most recently, according to Bloomberg, shares of HYBE recorded a share price decrease of 7.1% to 129,000 KRW (about 90.70 USD), lower than the initial public offering (IPO) price of 135,000 KRW (about 94.90 USD). In addition, this also affects the economic status of Korea and it is expected to continue after the members enlist in the army. What is more surprising is that the huge amount of money in the stock change that is lost shows the situation more alarming than ever. The drop in HYBE stock over the past few days shows that BTS's influence is irreplaceable to them. HYBE seems to be facing a big crisis in finding a solution to fill the gap of BTS before enlistment.
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