Tag: Japanese electronics

Toshiba stocks plummet after capital increase announcement

Japanese electronics giant Toshiba’s stocks plummeted on Monday during the first half of the trading session following the company’s announcement of a multi-billion dollar capital increase to seek liquidity at a time of financial difficulties. Toshiba’s shares lost almost 5 per cent in early trading as investors reacted to the company’s announcement on Sunday that …

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November 20, 2017