<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"> </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%.
Hey you …
— Elon Musk (@elonmusk) January 12, 2021
Yeah you Queen …
You’re gonna make it! 💕💕 pic.twitter.com/LrqdIrbIyd
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 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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