Kioxia Holdings tops 'rising sell forecasts' ranking on Minkabu individual investor survey
Kioxia Holdings Corporation <285A> topped the rising sell forecasts category of the Retail Investor Forecasts (Latest 48 Hours) compiled by Minkabu as of 1:00 p.m. on the 2nd.
Kioxia fell for the first time in three sessions, reversing after two straight sessions of gains. The stock was dragged lower by broad risk-off sentiment in the market. Weakness in U.S. semiconductor stocks the previous day, combined with a sharp drop in South Korea's KOSPI index, sparked sympathy selling. Rising long-term interest rates in Japan and the U.S. continued to create headwinds for the company, regarded as a NAND flash memory bellwether. However, buying interest remained active on dips, with solid buy orders near the 50,000 yen level briefly pushing the stock into positive territory.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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