Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Fujikura Ltd. ranks second in rising buy predictions from individual investors on Minkabu
As of 2 p.m. on Monday, Fujikura Ltd. <5803> ranked second in "buy predictions rising" under Minkabu's "Retail Investor Predictions (Latest 48 Hours)."
The company's shares had surged on expectations of expanding demand for AI and datacenter optical fibers, hitting an all-time high of 7,933 yen on May 14. However, disappointment over its earnings forecast for the fiscal year ending March 2027 announced on May 14 and a new mid-term business plan unveiled on May 19 triggered a sharp sell-off to 4,156 yen on May 20, nearly halving the stock from its peak. Since then, the shares have rebounded on bargain hunting, driving the rise in buy predictions. On Monday, the stock rose to its daily limit-up of 5,550 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
645 stocks rise, 892 fall on TSE Prime Market as of 3 p.m.
MITSUI E&S surges further in afternoon trading on announcement of mid-term plan
CASIO COMPUTER shares surge for third consecutive day as major domestic brokerage upgrades rating to 'buy'
CHARM CARE CORPORATION turns positive in afternoon session, raises full-year earnings forecast and year-end dividend
ASAHI KASEI CORPORATION rises for third consecutive day as major domestic brokerage raises target price to 2,300 yen
CROSS PLUS INC. rises on plan to acquire ladies' casual brand operator Chalres as subsidiary
TMH surges to daily limit with buy-only orders, speculation rises on semiconductor-related laggard status and emergence of Simplex as major shareholder
Techsend Photomask surges as domestic major securities raises target price on accelerating EUV mask growth
615 stocks rise, 922 fall on Tokyo Stock Exchange Prime Market as of 2 p.m.
Mitsubishi Chemical Group Corporation surges in afternoon session on plans to spin off petrochemical business for potential merger