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Stockreport

BTS comeback draws a smaller crowd than hoped, hitting parent company Hybe's shares [CNBC]

Netflix, Inc. (NFLX)  More Company Research Source: CNBC
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
The free concert is the band's first performance in nearly four years. (Photo by Kim Hong-Ji - Pool/Getty Images) Pool | Getty Images Entertainment | Getty Images Shares in Hybe, the parent company of South Korean boyband BTS, fell 15% on Monday as their much-anticipated comeback in Seoul on Saturday drew a smaller crowd than expected. Local authorities said just over 100,000 fans attended the band's first concert in more than three years, falling short of the 260,000 forecast, Reuters reported . The event came under criticism from some South Koreans for tight security measures enforced on a crowd that mostly failed to materialise. BTS is key to Hybe's revenues, with profit slumping during the band's extended hiatus for mandatory military service from 2022. Hybe owns the band's record label, Big Hit Music, which brought BTS to international fame after the release of their first album in 2013. Its share price hit reflected investor disappointment in the band's return, althoug [Read more]
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Stockreport

BTS comeback draws a smaller crowd than hoped, hitting parent company Hybe's shares [CNBC]

Netflix, Inc.  (NFLX) 
More Company Research Source: CNBC
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
The free concert is the band's first performance in nearly four years. (Photo by Kim Hong-Ji - Pool/Getty Images) Pool | Getty Images Entertainment | Getty Images Shares in Hybe, the parent company of South Korean boyband BTS, fell 15% on Monday as their much-anticipated comeback in Seoul on Saturday drew a smaller crowd than expected. Local authorities said just over 100,000 fans attended the band's first concert in more than three years, falling short of the 260,000 forecast, Reuters reported . The event came under criticism from some South Koreans for tight security measures enforced on a crowd that mostly failed to materialise. BTS is key to Hybe's revenues, with profit slumping during the band's extended hiatus for mandatory military service from 2022. Hybe owns the band's record label, Big Hit Music, which brought BTS to international fame after the release of their first album in 2013. Its share price hit reflected investor disappointment in the band's return, althoug [Read more]
IMPACT SNAPSHOT
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NFLX
Last Price
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Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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Low:
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Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS