JYP’s Stock Prices Plummet Because of TWICE

That was unexpected. Or was it?

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.

The details of the rumors are still uncertain, but there is speculation that it’s related to a recent revelation.

Back in 2016, TWICE’s Sana was on a talk show where she 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.”

This revelation caused worry about TWICE’s future since it could pose a big change in their personal lives.

On the other hand, JYP Entertainment recently revealed the first teaser for their new group, ITZY.

Could that turn things around for JYP?

Source: Asia Time