JYP Entertainment‘s stock prices have suddenly started to plummet on the 21st of this month.
As of the 21st, JYP Entertainment is down by 9.0 % from their record, which puts them at 28,800 won.
In the stock market, it is judged that this drop is largely due to romance rumors that have been circulating about JYP Entertainment’s TWICE.
However, the details of the romance rumors have yet to be confirmed.
A possible reason could be the fact that back in 2016, TWICE’s Sana spoke on a talk show and announced:
“Our agency issued a three-year dating ban. We have two years left. They did that so we could concentrate on our activities, and we agreed. That means we can start dating on October 20, 2018.”
On the other hand, JYP Entertainment recently revealed the first teaser for their new group, ITZY.
Could that turn things around for JYP?