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Anycolor's stock has tanked after their earnings report that covered Nov, Dec, and Jan showed a 40% YoY decrease for NijiEN and pitiful growth for NijiJP.
This doesn't account for Feb where both of their top female talents were terminated or quit, and half their streamers just didn't stream for a month and a half. That's next quarter. Q4 is traditionally a weak one for Nijisanji anyway, and now they have all of this to contend with.
Now you may be thinking "Wow, 700 that's a lot!". That's the daily movement cap for the stock of its category on the JP stock exchange. We have no idea how far it's going to fall on Monday (the current time is Friday for JP).
You know that point in a housefire where the structural integrity fails and the roof caves in? We appear to be at that stage. And there's still a nuke on the radar coming in July with the Q4 earnings report.
Back to your regularly scheduled blind bird programming.