(CNBC) Shares of Kospi-listed Hybe popped as much as 4.97% on Wednesday after Min Hee-jin, the former CEO of sublabel ADOR, stepped down on Tuesday after market hours. This represented a gain of about 376.02 billion won ($282.05 million) in market value for Hybe.
Hybe, K-pop’s largest agency, gains $282 million in market cap after sublabel CEO steps down
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