Fuji Media stock up 1,767% amid scandal and shakeup speculation.

Fuji Media Holdings' trading volume soared 1,767% amid scandal, with investors hopeful for management changes and improved governance.

Man, listen up! The trading volume for Fuji Media Holdings shares went absolutely crazy this week, surging a staggering 1,767% as the scandal hit. Investors were running for the hills while others raced in, thinking it might lead to a big management shake-up. We’re talking about a jaw-dropping 237.8 million shares changing hands in Tokyo—compared to just 12.74 million last week. That’s more than half the volume for all of 2024!

The stock itself jumped 13% this week because some believe this turmoil could spark improvements in governance and pump up corporate value. Now, all this buzz started from a report by Shukan Bunshun back in December, claiming Fuji TV employees were involved in a scandalous party with allegations of sexual harassment—something the company has flat out denied. Wild times in the stock market, right?

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