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/Photo = News 1 [Financial News] The stock price of JYP Entertainment, one of the four major entertainment companies in Korea, plummeted on the 13th. This is due to the uncertainty of TWICE members' contract renewal following poor performance in the second quarter. JYP Entertainment hits annual low due to failure to renew TWICE member contract. JYP Entertainment closed at 40,850 won on the KOSDAQ market today, down 11.20% from the previous trading day.

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