Why did the 8938.T stock fall today?

The 8938.T stock fell **15.76%** on 24 Mar 2026 due to weak short-term momentum, trading below the 50-day and 200-day averages, and market concerns over negative EPS and receivables. Thin liquidity amplified the move.

What is Meyka AI's grade and price outlook for 8938.T?

Meyka AI rates 8938.T **60.02/100 (Grade B, HOLD)**. The model yearly forecast is **JPY 261.34**, implying **-15.69%** versus **JPY 310.00**. Forecasts are projections, not guarantees.

Is 8938.T stock undervalued based on book value?

At a price-to-book of **0.38** and book value per share **JPY 810.91**, 8938.T shows balance-sheet value. However, negative EPS and slow receivables create operating risk that could limit a valuation re-rating.

What short-term levels should traders watch for 8938.T analysis?

Traders should watch intraday support **JPY 302.00**, resistance near the Bollinger middle **JPY 318.10**, and a rebound target around **JPY 350.00** if volume and momentum improve.

JP Stocks

-15.76% GLOME (8938.T) to JPY 310 on JPX 24 Mar 2026: PB 0.38 flags risk

ByHuzaifa Zahoor March 24, 2026March 24, 2026

The 8938.T stock fell sharply at the close on JPX, sliding 15.76% to JPY 310.00 on 24 Mar 2026 after a heavy selloff. GLOME Holdings, Inc. (8938.T) opened at JPY 327.00, printed a day low of JPY 302.00, and traded 16,900 shares versus an average volume of 31,455.00. The move follows weak short-term momentum and valuation concerns despite large cash per share and a low price-to-book ratio. Below we break down price action, valuation, technicals, Meyka AI grade, and a concise outlook for Japan-listed GLOME Holdings on JPX.