NewJeans fallout: HYBE loses nearly half a billion dollars after girl group’s controversial exit, report claims
Nov 30, 2024 11:45 AM IST
HYBE loses over $423 million in market cap after NewJeans' exit announcement amid ongoing management feud.
NewJeans is a five-member girl group formed by ADOR (presently under HYBE Corporation's multi-label banner). Minji, Hanni, Danielle, Haerin, and Hyein debuted in 2022.
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News entertainment music NewJeans fallout: HYBE loses nearly half a billion dollars after girl group’s controversial exit, report claims