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VisitWill Nissan's stock price rise by more than 10% by the end of Q1 2025?
Yes • 50%
No • 50%
Nissan's stock price data on financial platforms like Bloomberg or Yahoo Finance
Nissan Shares Surge Over 21% in Largest Jump in 15 Years After Activist Investor Takes Stake
Nov 12, 2024, 12:42 PM
Nissan shares experienced significant volatility recently. Initially, the shares extended their losses due to the company's decision to cut thousands of jobs and reduce production capacity, casting doubt on CEO Makoto Uchida’s turnaround plans. However, the shares surged by more than 21% in late trading Tuesday after activist investor Effissimo Capital took a 2.5% stake in the company. This marks the largest jump in Nissan shares in 15 years. Effissimo Capital is known for its high-profile campaigns against major Japanese companies. The investment by the Cayman-affiliated company has been seen as a potential boost to Nissan’s ongoing turnaround efforts.
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Increase by over 50% • 25%
Increase by 10-50% • 25%
No significant change • 25%
Decrease • 25%
Yes • 50%
No • 50%
Nissan outperforms both • 25%
Nissan outperforms Honda only • 25%
Nissan outperforms Toyota only • 25%
Nissan underperforms both • 25%
Decrease stake • 25%
No major action • 25%
Increase stake • 25%
Push for board changes • 25%