>>68457789If you want a serious answer as to what that tangibly means... well, nothing and everything at the same time. It's a bit arbitrary besides a line some investors might get spooked if crossed. It's like how people might say, "I'll sell my BTC if it drops below $40,000." Although that Japanese poster is kinda shitposting.
But, as an aside, the market cap of any company is a realtime indicator of what investors think a company is worth. That's the minimum it'd cost you to purchase that company in its entirety.
So let's put it in turns of that. So far, the current change from the morning of Monday would imply that,
>DISCLAIMER: I'M RETARDED, MIGHT HAVE FUCKED UP THE MATH, /biz/anons pls look at pic and check what I'm saying...the situation and the resulting loss of confidence has erased roughly 29.4 billion yen of value from Anycolor, or about $198.6 million USD.
If 5032.T hits 3000 yen, that turns into 53.2 billion yen, or a $359.3 million USD domp.