SM Entertainment Stocks Fall As Girls' Generation Member Yuri Confirms Relationship With Baseball Player Oh Seung Hwan

SM Entertainment stocks took a small hit in value after the agency confirmed news that Girls' Generation member Yuri was indeed dating Hanshin Tigers baseball player Oh Seung Wan, reports Koreaboo.

On April 20, SM Entertainment saw as much as a 3% dip in its stock price, as investors viewed the news negatively.

But the agency can be thankful that the stock price have since recovered a bit. There was also limited backlash among fans, which could point to the public embracing a more grown-up image for Girls' Generation where they can be accepted as dating and revealing their romantic relationships.

Sunday News broke the news of Yuri dating Oh Seung Wan. The scoop reported that Yuri stayed behind in Japan after recording for the upcoming Girls' Generation album to support the baseball player in his first professional league appearance on March 12, reports KpopHerald.

Insiders also confirmed the relationship, which, when combined with previous photos of the two snapped together since November 2014, led to a very convincing story.

This led SM Entertainment to confirm the dating rumors.

"They met each other at the end of last month at a meeting with mutual friends. They're getting to know each other and like each other," said SM Entertainment in a confirmation announcement after the photos were released, reports Allkpop.

SM Entertainment is not alone in experiencing a stock price hit when one of its popular idols are revealed to be in a relationship, notes Koreaboo. When news of miss A's Suzy dating Lee Min Ho broke out, JYP Entertainment stocks also tumbled by an even larger 4%.

Tags
Girls Generation
SM Entertainment
Yuri
oh seung hwan
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