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TOKYO -- Shares in Hybe, the South Korean entertainment agency behind the megahit boy band BTS, dropped nearly 5% on Friday morning after a local court ruled in favor of a sublabel that the company has a dispute with.
Hybe was trading at 193,000 won ($139.15) per share at one point, a 5.4% decline from the previous day. The shares traded 200,000 won at the closing on Friday.
