The last 24 hours has been the absolute biggest dumpster fire of a PR disaster I have ever seen unfold live. There are about to be some real historical lawsuits and AnyColor have given the prosecuting lawyers so much evidence they may as well have committed a murder, filmed themselves looking into the camera saying they did the murder, and then hand delivered the video to the nearest police department and waited in the office until they were arrested.
“Remember whenever I said I didn’t care about pronouncing Nijisanji, because they’re gonna be called RIPBOZO…”
~ Asmongold
I’m not an expert but to me this seems… kinda normal? Like, putting the graph at 3 or 6 months it doesn’t really look that odd. Why is this time different from the other times the stock fell? (Purely from a shareholder perspective, obviously I know why this is VERY different for a fan)
Well, Niji just had a stock buyback (I think in December or January) to bolster the share prices recently, and this drop has completely erased all stock gains of that buyback.
I’m not familiar with the procedure. From a quick search it seems like something companies do to improve the value of a stock hoping they’ll be able to sell them again for more, is that correct?
Kinda. Companies usually buy back shares for a few reasons but it almost always just simplifies into:
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The company wanted to increase the price of its shares in the stock market by lowering the amount of shares in the market.
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The company wanted to increase their controlling interest in themselves by buying up more shares thus reducing the amount of possibly lost controlling interest from shares.
So this means they probably spent money to try and boost the price but the whole situation nullified it, did I understand that correctly?
That is how I understand it to be, yes. Their stock price losses have already amounted to more than $150 million USD.
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This is a pretty dramatic drop even if the sector is volatile.
More like stopping the bleeding
This is the Ocean Marketting of my lifetime which is funny because I also lived through that.
Not even into vtuber stuff but this blowout is 🤌
[NIJISANJI EN Official] Ignoring Your Concerns
FTFY