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I mean, the Q3 was fucked beyond repair, but the Selen SHOKU had a direct impact on how much the stocks died.
>No one expected the Q3 to be THAT bad
>The Q4 is usually pretty damn weak, but Anycolor said that they were betting everything on it
>All of this while NijiEN was literally burning down
The stocks would have taken a hit regardless of what happened to Selen, but her termination made everyone understand that NijiEN doesn't have any future.