>>89420625Both Cover and Anycolor are tied to Nikkei 225 which is the general JP index. Nikkei rises, they rise. Nikkei falls, they fall too
Today Nikkei shat itself so many jap companies, including Anycolor, took a big hit as you can see Anycolor has lost the 1 month momentum
Cover could have ended the same fate but the positive revision and the successful Q2 report have given them a proper buffer zone to get out of there. Cover was still affected by the fall today which made them lose half of the initial increase, but you can clearly see in this comparison chart when Cover separated itself from Anycolor shackles