>>79544913>>79716783Pack A Punch anon here, it's currently July 2nd in Japan, and the market has closed for today. Let's take a "Close"r look.
ANYCOLOR SINKS TO POST Q3 REPORT LEVELS
Anycolor fails to make it back in the green today as the stock falls down to 2691 yen (-21) to close us out today, marking the first time the stock has been in the 2600s since the Q4 report. It could've been much worse however, if not for a sudden jump in the hour beforehand.
However the real alarming thing today is that Anycolor has now officially dipped below their peak from between the Q3 report in March to the Q4 report. The buybacks can only last for so long, If Anycolor can't seem to buck the trend by the time they complete them we might see them slowly slide to their Q3 Average.
COVER SLIPS BY
While Cover stocks do close out on a loss, they do at least recover back up to 1940 yen (-20) to close us out today. Overall a shitty day for them, but it could've been way worse. Interestingly, feelings on Cover's stock has plummeted, with only 10% wanting to buy the stock, compared to their competition's 48%.
OTHER:
The NIKKEI has a day at the market today. As it rises by 1.12% today.
Trading Volumes
Anycolor: 601k
Cover: 2.63 Million