YG Entertainment stocks have dropped 14% since yesterday.
On the 11th, YG Entertainment ended their day at 37,150 KRW, 14.10% drop since the day before. YG Entertainment stocks have been chosen as the subject of short-stock selling on the 12th as well. Short-stock selling occurs when an investor immediately sells them, hoping he or she can scoop them up later at a lower price.
The stocks are no doubt being affected by Seungri's current controversy as well as his announcement of retirement from the industry.