Shares of Rakus rank 3rd in retail investor "Buy" sentiment rankings on Minkabu
As of 11:00 a.m. on the 7th, shares of Rakus <3923> ranked third in "rising buy predictions" according to the "Retail Investor Sentiment (Latest 48 Hours)" compiled by Minkabu.
Shares of Rakus rose for the third consecutive session in Tokyo. The company is the operator of "Raku Raku Seisan," a leading expense management service. Earlier this year, the sudden emergence of the "death of SaaS" narrative triggered heavy selling pressure on software stocks in the U.S., a trend that subsequently migrated to the Japanese market and led to a sharp sell-off in Rakus shares. Recently, however, the stock has found a floor and demonstrated resilience in the \700?800 range. Backed by solid business fundamentals, many investors appear to be maintaining a bullish outlook on the company's prospects.
Source: MINKABU PRESS
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