Real reason why Cover stocks dump after reaching 3400
https://www.moomoo.com/news/post/48360781/nomura-starts-cover-at-buy-price-target-is-3400-yenNomura bought at 2700-2900 price range so high chance they sold at their price target.
Also the first one that predicted Cover corp will moon sold some stock this month they are almost 2x up from their call IIRC they bought during the crash.
https://www.moomoo.com/news/flash/19864571/morgan-stanley-decrases-its-stake-in-cover-5253-jp-to