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Unitika tops list of rising sell predictions among individual investors in Minkabu survey
UNITIKA LTD. <3103> topped the list of rising "sell predictions" among individual investors as of 11:00 a.m. on 21st, according to data compiled by Minkabu's "Individual Investor Predictions (Latest 48 Hours)" survey.
In the Tokyo stock market on the same day, Unitika extended its winning streak to four consecutive sessions. The long-established textile manufacturer has attracted growing expectations for its glass fiber products used in AI data centers. Since entering April, the company's shares have accelerated their upward momentum amid buying interest in AI-related stocks. The stock price, which had been trading around 1,000 yen, surged to 4,380 yen today, representing more than a fourfold increase. The sharp rise over such a short period appears to have sparked concerns about overvaluation, leading to an increase in the number of investors predicting a sell-off.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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