K-Pop Giant Hybe's Shares Slump After NewJeans Splits From Label Alleging Mistreatment

By Forbes   |   1 year ago
K-Pop Giant Hybe's Shares Slump After NewJeans Splits From Label Alleging Mistreatment

K-pop group NewJeans shockingly announced their departure from agency ADOR, a Hybe subsidiary, alleging mistreatment. ADOR refuted claims of contract violation. Hybe's stock dropped 4.1% following the news.

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