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Elon Musk increases Bandai's share price with Idolmaster Tweet

Elon Musk increases Bandai's share price with Idolmaster Tweet

<p>4.4% increase in Bandai Namco shares following billionaire tweet</p> <div id="gtx-trans" style="position: absolute; left: 98px; top: -12px;"> <div class="gtx-trans-icon">&nbsp;</div> </div>

Written by Ross Locksley on 13 Jan 2021



Billionaire industrialist Elon Musk posted a tweet featuring a character from Idolmaster on January 12th, which caused a jump in share value for IP owner Bandai Namco to jump by 4.4%.

Musk, who is no stranger to affecting shareholdings with his tweeting antics, managed to knock Tesla's share value down by $13 billion last year, seems to have learned his lesson and is now helping companies to trend upwards for a change. Last December he tweeted about cryptocurrency Dogecoin and caused that company's value to spike by a massive 20%.

Nice to see his influence helping our friends in Japan!

Original story reported by Sputnik News

 


Ross Locksley
About Ross Locksley

Ross founded the UK Anime Network waaay back in 1995 and works in and around the anime world in his spare time. You can read his more personal articles on UKA's sister site, The Anime Independent.


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