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The recent turmoil surrounding YG Entertainment has created ripples in the stock market, as the company finds itself embroiled in a legal controversy involving one of its most prominent figures, G-Dra
On a day that sparked concern among stakeholders, YG Entertainment experienced a significant 4.80% decrease in its stock price. This downturn was triggered by the revelation that both the renowned artist G-Dragon and the influential executive producer Yang Hyun-suk are under police scrutiny. The investigation into alleged copyright violations has dampened the optimistic momentum the company had been enjoying, characterized by a six-day ascent fueled by impressive second-quarter financial results.
By Ashley Davis