BTS 'hiatus' costs HYBE: Korean company lost USD 1.7 billion, later clarifies word was mistranslated - India TV News
6/16/2022 12:00:00 AM2 years 10 months ago
by IANS
by IANS
After BTS apparently announced a 'hiatus', HYBE, the Korean music company which represents the K-pop superband suffered a huge loss, wiping out $1.7 billion of market capitalisation.
Korean music company HYBE, which represents K-pop superband BTS, lost $1.7 billion of market value within the first hour of stock trading on Wednesday (June 15) following the band's hiatus announceme… [+2584 chars]
full article...