YG Entertainment stocks are plummeting.
Just today, the label was hit with two reports about Big Bang. The first was by Dispatch, which revealed that G-Dragon had taken so many vacation days since his enlistment that he was not able to receive promotions into the higher rank as normal. The second was by SBS funE, which accused Seungri of providing prostitutes for clients. (YG Entertainment has denied the accusations against Seungri.)
In response, YG Entertainment stocks plummeted 7.79% from yesterday, at 43,800 KRW per share as of 1PM KST.
YG Entertainment could not be contacted for a further statement.