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ITmedia ranks 5th in rising sell predictions from individual investors on Minkabu
ITmedia Inc. <2148> ranked 5th in "rising sell predictions" as of 1:00 p.m. on the 7th in the "Individual Investor Predictions (Latest 48 Hours)" compiled by Minkabu.
ITmedia plunged with a gap down, falling as much as 13.7% to 1,350 yen at one point. The company operates online media including IT-related news sites, and its recent business performance has shown signs of recovery. The earnings forecast for the fiscal year ending March 2027, disclosed on the 1st of this month, projects operating profit of 2 billion yen, up 13% from the previous year, indicating double-digit growth. However, the company plans an annual dividend of 50 yen for the current fiscal year, a significant cut from 100 yen in the previous year, which was met with selling pressure.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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