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Search results for "shares plunge"

Twice’s Chaeyoung Leaves JYP After 14 Years… Shares Drop 11% on Contract Renewal Risk

Twice’s Chaeyoung Leaves JYP After 14 Years… Shares Drop 11% on Contract Renewal Risk

A 41% plunge in second-quarter operating profit and uncertainty over Twice’s renewal plans combine to send the stock to 40,850 won at the close… Chaeyoung hints at solo activity.
'Twice' 'Chaeyoung' leaves JYP after 14 years… declares a solo foray in 'LIL FANTASY'Chaeyoung, a key member of 'Twice', South Korea’s leading girl group, is leaving the home of 'JYP Entertainment' after 14 years and striking out on an independent path known as 'being on her own'.
| James choi
Netflix’s Surprise Earnings in First Quarter Topping $6 Billion… Shares Drop 9% After Founder Steps Down

Netflix’s Surprise Earnings in First Quarter Topping $6 Billion… Shares Drop 9% After Founder Steps Down

Operating profit rose 18% and beat expectations, but shares plunged 9% in over-the-counter trading after a report that Reed Hastings—the founder who led the company for 29 years—has stepped down
Global online video service Netflix recorded a surprise performance that far exceeded the market’s outlook for the first quarter this year. An ‘earnings surprise’ in Q1 notwithstanding, the impact of the complete management exit by co-founder Reed Hastings sent the stock tumbling 9% on the...
| James choi
Murdoch’s Fox Buys Roku, the No. 1 U.S. Streaming Platform, for $22 Billion

Murdoch’s Fox Buys Roku, the No. 1 U.S. Streaming Platform, for $22 Billion

Fox secures the No. 1 platform after beating Google and Amazon on market share. Fox shares plunged 15% amid concerns about financial strain from the large acquisition
The expansion of the media empire has no end. Fox Corporation, a longtime media heavyweight that dominated 20th-century living rooms, has swallowed Roku, the gateway to the digital living room of the 21st century, for $22 billion (about 33 trillion won).
| James choi
Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

The board approves a $25 billion share buyback… After earnings were announced, moves to calm market sentiment that plunged After the Warner Bros. Discovery deal fell through, it chose “cash returns”… Focused on rebuilding trust ahead of the founder’s departure Expresses confidence in “stable cash flow” built on new growth engines such as advertising and gaming
Global OTT leader Netflix has made the bold move of a $25 billion (about 37. 1 trillion won) share buyback to relieve the intensified stock-price drop pressure following its recent earnings release and restore shareholder confidence.
| Yangsimoh
Shin Hyun-joon Dives Into a Doppelganger Comedy with “Wanted”: Stills Show Off a Bold 1-Person, 2-Roles Challenge

Shin Hyun-joon Dives Into a Doppelganger Comedy with “Wanted”: Stills Show Off a Bold 1-Person, 2-Roles Challenge

A doppelganger-cooperation comedy that captures the twisty chase-pursuit partnership between ordinary citizen Hyun-joon and criminal Cheol-gu Shin Hyun-joon, taking on the 1-person, 2-roles challenge for the first time in his career, joked, “I should’ve been paid for two people—(that’s) what it felt like,” and shared his upbeat thoughts Kim Byung-man, along with a star-studded supporting cast including Regina Ray, joins the film—slated for Korean theaters in June
〈Wanted〉, set to hit theaters in June, has unveiled stills highlighting actor Shin Hyun-joon’s daring 1-person, 2-roles performance.In 〈Wanted〉, Shin Hyun-joon plays Hyun-joon, an ordinary citizen who gets pulled into an unexpected situation when a criminal named Cheol-gu turns out to look exactly...
| Seongchan Eol
[Business Issue]

[Business Issue] "BTS Tour Revenue Expected to Reach 1.5 Trillion Won" HYBE Stock Recovers 3.9%

HYBE’s stock, which had plunged right after a free concert in Gwanghwamun, rebounded 3.9% on the back of the securities industry’s upbeat outlook for "1.5 trillion won in world tour revenue."
'HYBE', 'BTS' Rebound Sharply After Shares Plunge Following ComebackAfter BTS’s free comeback performance in Gwanghwamun, HYBE’s stock— which had dropped sharply—snapped back with a 'stock rebound' driven by analysts’ strongly positive assessment.
| James choi