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Minkabu retail investor sentiment: Furukawa Electric ranks second in rising sell predictions
Furukawa Electric Co., Ltd. <5801> ranked second in "rising sell predictions" as of noon on April 15, according to the Retail Investor Predictions (Latest 48 Hours) compiled by Minkabu.
Furukawa Electric slipped on the Tokyo Stock Exchange Prime Market on April 15. The stock has gained popularity as a symbolic AI data center-related play, hitting an all-time high of 47,940 yen on April 14. Market participants have been evaluating factors including global supply-demand tightness in optical fiber, investment in liquid cooling modules, and strong earnings at equity-method affiliate Asia Vital Components. While expectations are building for the share price to reach the 50,000 yen level, concerns about overheating appear to be emerging following the recent sharp rally.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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