The stock price of HYBE dropped by more than 14% in early trading after BTS wrapped up their comeback concert at Gwanghwamun.


[Market Highlight] HYBE Drops 14% in Early Trading After BTS Concert View original image

As of 9:58 a.m. on March 23, HYBE was trading at 295,500 won, down 48,500 won or 14.10% from the previous day.


It is analyzed that investor sentiment has weakened due to profit-taking, as events that had heightened market expectations—such as the release of BTS’s new song and the Seoul Gwanghwamun concert—have concluded.



Previously, on March 21, starting at 8 p.m., BTS held their comeback concert for about one hour at Gwanghwamun Square. According to government estimates, around 40,000 people attended, while HYBE, the organizer, estimated the crowd at 100,000.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing