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Minkabu Individual Investor Sentiment: Japan Display Ranks 4th in Rising Sell Predictions
According to Minkabu's aggregated "Individual Investor Predictions (Latest 48 Hours)" as of noon on the 30th, Japan Display Inc. <6740> ranked 4th in "rising sell predictions."
On the 30th in the Tokyo Stock Exchange Prime Market, Japan Display traded in a narrow range. Following reports that the government had approached the company to operate a cutting-edge display factory in the U.S. as part of the second phase of a total $550 billion (approximately \88 trillion) investment and financing package for the United States, speculative buying flowed in ahead of the Japan-U.S. summit meeting on the 19th. The stock price surged approximately 5.8 times from \28 at the close on February 27th to a high of \164 on the 17th. However, the stock price reversed and plunged sharply after the company's project was not included in the second wave of U.S. investment and financing. Nevertheless, after the Chemical Daily reported on the 26th about acquisition negotiations between Micron Technology
Source: MINKABU PRESS
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