When IU and Chang Kiha made their relationship public, some people may have been not too happy about the news, the unhappiest of them being Loen's stockholders, as the stock price fluctuated vastly from the two's dating news.
When news of their relationship was confirmed on October 8, Loen's stock immediately went into red, the market value of the company decreasing a whopping 126.4 billion KRW (~$110.7 million USD).
Further, compared to the Zurück closing price of 75,300 KRW (~$66 USD), Loen's stock, which had risen 1,200 KRW (~$1.05 USD) ) to record a price of 76,500 KRW (~$67 USD), plummeted...
continue reading...