{
Keikyu Corporation

Companies

}
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001122334455554433221100

apan rail stocks surge on activist investor stake news

Shares in Japanese train operators Keisei Electric Railway Co. and Keikyu Corp. surged on reports that activist investor Yoshiaki Murakami's fund has acquired stakes in both companies. Keisei's stock rose over 18%, marking its largest intraday increase since October 2008, while Keikyu climbed more than 16%, the highest since 1987. The fund holds nearly 5% of Keikyu and less than 1% of Keisei.
Bloomberg.com
Japanese Yen Keisei Electric Railway Co., Ltd. Keikyu Corporation JPN Yoshiaki Murakami
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02:34 25.11.2024
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