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Unitika ranks third for rising sell predictions among retail investors on Minkabu
Unitika <3103> ranked third for rising sell predictions as of 11:00 a.m. on April 17, according to the latest 48-hour retail investor forecast on Minkabu.
Unitika shares extended their sharp rally in the Tokyo market on Friday. The long-established textile maker, which focuses on polymers such as films and resins alongside functional materials, is increasingly seen as a beneficiary of glass fiber demand for AI data centers. As momentum for AI-related shares builds, interest has spilled over to Unitika, whose stock price has nearly tripled from the 1,000 yen level to around 3,000 yen since the beginning of the month. However, the rapid ascent has heightened market caution, fueling a near-term increase in sell predictions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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