Hello Kitty, goodbye stock gains: Sanrio shares plunge 18% following earnings
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Source: CNBC
Published: 2026-08-12 17:08 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Shares of Hello Kitty owner Sanrio plunged 18% on Wednesday in Tokyo following the company's fiscal first-quarter results, after a runup in the stock over the last several months.
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