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Sanrio Company tops "rising buy forecasts" among retail investors: Minkabu survey
Sanrio Company, Ltd. <8136> ranked first in "rising buy forecasts" among retail investors as of 1:00 p.m. on the 13th, according to data compiled by Minkabu's "Retail Investor Forecasts (Latest 48 Hours)".
Sanrio Company traded weakly around the previous day's closing price. While the stock traded higher in the morning, buying momentum failed to continue amid awareness of heavy resistance at higher levels. The company announced on the 1st that it would postpone its earnings announcement scheduled for May 13th, causing the stock price to plunge on the 7th after the holiday break and hit a new year-to-date low. The reason for the postponement was the discovery that the company's managing director had allegedly received separate compensation from a group subsidiary. However, the company has indicated that the impact of this matter on earnings is expected to be minor at this time, which appears to be attracting some investors looking to buy on the negative news.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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