On June 4, it was reported that SM Entertainment stock had fallen over 8% in the trading session. According to one report, the stock fell 9.75% in the session before recovering.
News outlet Sports World reports that there are rumors going on in the financial industry, but there hasn’t been any announcements from SM Entertainment.
The rumors that news reports are referring to may be allegations regarding NCT members and prostitutes in Japan. Currently, a rumor claiming that members Johnny and Haechan had been involved with Japanese hostesses has gone viral.
Disclaimer: The information contained in this article is based on reported news and sources believed to be reliable. However, we cannot guarantee 100% accuracy or completeness. Please consider this news for entertainment purposes only.
Saikat Nandy is an entertainment news writer who covers the latest trends and stories from the world of showbiz, has a keen eye for spotting the most interesting and relevant topics, and delivers them to his audience with flair and humor. He is also a freelance blogger, content writer, and website designer who loves to explore new technologies and creative ideas.
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