I'm a knower
>negligible financial impactThis will have minor impact because they have already closed the quarter (ended in january) and will only have to factor in costs with the termination, through provisions. This is corporate damage control and they hope it won't affect the fourth quarter if everyone forgets.
>why is the stock falling so muchRevenues from Selem might not be enough to justify but investors price future value in the stock and Anycolor has been shilling NijisanjiEN as the revenue growth driver since they only have like 30 vtubers compared to more than 120 in JP. So investors are looking at the overseas branch, the main price increase driver, as imcompetent morons who antagonized their customers for no good reason.
Note how when Pomu graduated their stock didn't move. It was because they did it in the correct way, a graduation that made it look like everyone left in good terms.
>>68394519>>68399009This is an asset light growth stock in a developed nation. This downward volatility in one day is very large when there is no external trigger like interest rate changes. Their direct competitor has doubled in value since the IPO and Anycolor is flat. The risk return is abysmal with the volatility it has. Their sharpe is shit.
No company that has their shit together needs to say a recent event is not material or their financials are fine. Since Lehman Brothers there is a joke in wall street that when a company has to put out a press release or their CEO has to give an interview to say they are solvent is actually going into bankruptcy soon.
Selen here is not as relevant as investors losing confidence Niji's people can deliver on their promises or at least factoring in the possiblity in their in their models since Anycolor can't even not fuck up one liver.
