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[Alpha Biz= Reporter Kim Sangjin] HYBE's stock price has ultimately declined to the 180,000 won range amid conflicts with the CEO of its subsidiary.

As of 10:17 a.m. on the 21st, HYBE is trading at 188,400 won, down 2,800 won (1.46%) from the previous day. This marks the first time HYBE's stock has traded in the 180,000 won range since March 7th (closing at 185,900 won).

HYBE is currently in a situation where it has filed charges against ADOR's CEO, Min Hee-jin, alleging embezzlement related to "suspicion of usurpation of management rights." However, Min has denied all allegations.

Since HYBE publicly raised suspicions of management rights usurpation against Min on April 22nd, the company's stock price has fallen by 18% to date.

 

 

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