258

41

News
Posted by germainej AKP STAFF Wednesday, June 12, 2019

YG Entertainment stocks fall after B.I's exit due to drug scandal

AKP STAFF

YG Entertainment stocks are falling further after B.I's exit from iKON and the label due to his drug scandal.

After Dispatch reported on B.I's alleged attempt to purchase illegal drugs and his apology on June 12, YG Entertainment confirmed he'll be leaving his group and the agency. Since then, YGE stocks dropped 4.05% to 31,950 Won ($27.03 USD) a share.

The label began seeing their stocks fall following the controversies involving Seungri and Yang Hyun Suk this past year. The total dollar market value of YGE's shares also fell from 834.7 billion Won ($705.6 million USD) this past January to 581.4 billion Won ($491.5 million USD) after B.I's news.

  1. iKON
  2. B.I
  3. YG ENTERTAINMENT
121 77,217 Share 86% Upvoted

35

sone_elf48 pts Wednesday, June 12, 2019 37
Wednesday, June 12, 2019

What does Dispatch have against YG? Does anyone know? Because there is no way YG is the only label with artists that do drugs.

Share

37 more replies

28

Candy_Crush2,017 pts Wednesday, June 12, 2019 29
Wednesday, June 12, 2019

T.O.P gets to stay despite actually doing drugs but Hanbin gets kicked out for wanting to do it but not having the guts to? This is unfair ....

What even is happening?

Share

29 more replies

SHOW ALL COMMENTS

GOT7, BamBam
23 minutes ago   1   788
VAV
2 hours ago   0   474

allkpop in your Inbox

New Message

SEND