Elon Musk tweeted a meme that helped spark a 4% jump in a Japanese video game stock
- Shares of Bandai Namco, a Japanese video game maker, surged as much as 4% after Elon Musk tweeted a meme that included a character from one of its properties.
- "Hey you...Yeah you Queen...You're gonna make it!" Musk tweeted to his 42 million followers along with an accompanying image.
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A Tuesday night tweet of a meme from Elon Musk is all it took for shares of Bandai Namco to surge 4% in Wednesday trades.
"Hey you...Yeah you Queen...You're gonna make it!" Musk tweeted to his 42 million followers, accompanied by a couple of heart emojis.
Musk's tweet was accompanied by a meme that included a character from Namco's Idolmaster franchise. Idolmaster was first released in 2005 as an arcade game and has since transitioned to video game consoles, mobile phones, an animated series and toys.
The Idolmaster character in Musk's tweet, which has racked up more than 420,000 likes as of Wednesday morning, is Sachiko Koshimizu.
Musk's tweet on Tuesday night wasn't the first time a tweet by him sent an obscure stock soaring. Last week, after Musk tweeted "Use Signal," in reference to the private messaging platform, confused traders sent a stock named Signal Advance up as much as 11,708% over a three-day period.
