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Hybe shares fell 16.09% on Tuesday, the steepest single-day drop for the K-pop agency since June 2022, as the market priced in the read that BTS concert success has become a headwind for the company that manages the group.
The stock found no floor Wednesday, extending losses to as much as 16.31% at the intraday trough. The print Back-to-back sessions of double-digit percentage declines have put Hybe in focus.
Tuesday's 16.09% move was the largest single-day loss in approximately four years. Wednesday's continuation, with intraday selling reaching 16.31%, confirms the tape absorbed more than a one-session reaction.
A touring paradox the market priced quickly BTS concerts are drawing the kind of demand that most acts would envy.
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