4

0

General

Cube Entertainment's stock plummets following news of HyunA and E'Dawn's departure

Posted by yckim124767 pts Thursday, September 13, 2018
HyunA, Dawn (E
Cube Entertainment is already facing financial consequences for kicking out HyunA and Pentagon's E'Dawn.

According to Kookje Shinmun, on September 13, Cube Entertainment's stock dropped 9.43% around 1:30 pm KST. The stock opened at 2,965 KRW per share and dropped to 2,690 KRW per share. 



This was shortly after Cube announced their decision to kick out HyunA and E'Dawn for loss of trust. Several hours later, the agency overturned their statement and said HyunA and E'Dawn's departure is not yet confirmed. Some believe Cube Entertainment might've changed their words after seeing the detrimental effect on their stock. The stock had a rally before closing as the stock closed at 2,775 KRW per share for a drop of 6.57% for the day.

Stay tuned for more updates. 
  1. HyunA
  2. Dawn (E'Dawn)
  3. CUBE ENTERTAINMENT
0 98,521 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
BLACKPINK, Red Velvet, Irene, Seulgi, TWICE, Nayeon, Jihyo
Minah, On Joo Wan
Yonghwa
BTS, V, Suzy, Park Bo Gum
Girl
Catch the Young
Onew
82MAJOR
Daybreak
Kep1er
BTS, V, Suzy, Park Bo Gum
BTS, V
BLACKPINK, Red Velvet, Irene, Seulgi, TWICE, Nayeon, Jihyo
ILLIT, Wonhee
BLACKPINK, Jisoo, BTS, j-hope, Red Velvet, Irene, Seulgi, Seventeen, Mingyu, The8, TWICE, Nayeon, Jihyo
New Message

SEND