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Massive Elden Ring Sales Boost Kadokawa Stock (9468)
Kadokawa (JP:9468) stock was up on Friday alongside sales data for FromSoftware's Elden Ring series. The latest sales data included 30 million copies of Elden Ring being sold, with another 10 million sales for its Shadows of the Erdtree downloadable content (DLC). That's a strong conversion rate with roughly one-third of Elden Ring owners having bought the DLC. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. On top of this, Elden Ring Nightreign has also performed well in the short time it's been on the market. The multiplayer cooperative game was released on May 30, 2025, and has already sold 5 million units. There have also been leaks of upcoming DLC for the game, which will likely translate to more sales for FromSoftware. FromSoftware is a subsidiary of Japanese publishing company Kadokawa, with Sony (SONY) also owning a 14% stake in the video game developer. Sixjoy Hong Kong is another major shareholder of FromSoftware, with a 16% stake in the company. Kadokawa Stock Movement Today Kadokawa stock was up 0.53% when the Japanese stock market closed on Friday. This jump came with heavy trading, as some 680,000 shares changed hands, compared to a three-month daily average of about 509,000 units. The shares were also up 20.84% year-to-date and 38.5% over the past 12 months. Bandai Namco (JP:7832), the publisher of Elden Ring, also saw its stock rise on Friday. It secured a slight 0.06% gain when markets closed today, extending a 29.83% year-to-date rally and a 54.66% increase over the last year. Is Kadokawa Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Kadokawa is Moderate Buy, based on one Buy and one Hold rating over the past three months. With that comes an average Kadokawa stock price target of ¥3,895, representing a potential 3.37% upside for the shares.


Business Insider
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Fusion Fuel Green Stock (HTOO) Rallies 55% on $4.3M PIPE
Fusion Fuel Green (HTOO) stock has seen its second major rally of the week on Friday. This came after the clean energy company announced a $4.3 million private investment in public equity (PIPE). The company will use the funds to repay the debt from its outstanding Senior Convertible Notes dated January 10, 2025, and March 3, 2025. Any remaining funds will be used for general corporate and working capital purposes, and transaction-related costs. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Under the terms of this agreement, the company will sell 269,459 Class A Ordinary Shares, pre-funded warrants to purchase 541,706 shares at a nominal exercise price of $0.0035 per share, warrants to purchase 1,622,330 shares at an exercise price of $4.926 per share, and warrants to purchase 811,165 shares at an exercise price of $9.852 per share. The pre-funded warrants can be exercised at any time, while the others have a three-year window. Fusion Fuel Green stock saw another huge rally earlier this week. This came alongside a €30 million collaboration for subsidiary Bright Hydrogen Solutions. That deal includes funding for multiple hydrogen infrastructure projects over the next four years. Fusion Fuel Green Stock Movement Today Fusion Fuel Green stock was up 57.93% during pre-market trading on Friday, following a 24.32% drop yesterday. The shares were also down 75.99% year-to-date and 84.17% over the past 12 months. Today's rally came with heavy trading, as some 7 million shares changed hands, compared to a three-month daily average of 1.1 million shares. Is Fusion Fuel Green Stock a Buy, Sell, or Hold? Turning to Wall Street, coverage of Fusion Fuel Green stock is thin. Fortunately, TipRanks' AI analyst spark has it covered. Spark rates HTOO stock an Underperform (39) with a $6.50 price target, representing a 37.42% upside for the shares. It cites 'significant financial challenges and poor valuation metrics' as reasons for this stance.


Business Insider
31 minutes ago
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Why Is Linkhome Stock (LHAI) Up 90% Today?
Linkhome (LHAI) stock underwent a massive rally on Friday following the artificial intelligence real estate platform's initial public offering (IPO). Shares of LHAI stock started trading yesterday in an upsized offering. This included 1.5 million shares of LHAI sold at $4 each for total gross proceeds of $6 million. There's also a 45-day option for underwriters to acquire an additional 225,000 shares at the IPO price. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Linkhome said it expects to use the funds from this offering to grow its business. This will allow it to 'broaden and intensify its marketing initiatives, accelerate the advancement of its HomeGPT artificial-intelligence platform and related technology, support the planned geographic rollout of its Cash Offer product, finance additional capital expenditures needed to scale operations., expand research and development, evaluate strategic opportunities' and use the money for other working capital and general corporate purposes. Linkhome stock was up 90.94% in pre-market trading, following a 40.75% rally yesterday. Interest in the company's IPO makes sense considering the AI boom that has affected the stock market this year. This could result in further gains for LHAI, but there's also a chance it settles at a lower price once the IPO hype dies down.