Shares of BTS label tumble after band announces break - News Summed Up

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Shares of BTS label tumble after band announces break


SHARES in the management agency of the K-pop supergroup BTS plummeted Wednesday in early trading in Seoul after the band announced they were taking an indefinite break. The news sent shares of the band's label HYBE tumbling -- it was down about 27 percent as of 10:40 a.m. local time (0140 GMT). The group cited the pressures of fame and success in explaining the break, and said they planned to focus on solo pursuits. BTS recently made headlines for visiting the White House to deliver a message to US President Joe Biden on the fight against anti-Asian racism. BTS has said they were going on short breaks before, first in 2019 and later in December 2021.


Source: Manila Times June 15, 2022 03:41 UTC



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