Tokyo Gas Shares Rise Sharply After Elliott Builds Stake
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
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Source: WSJ
Tokyo Gas Share Surge: Shares of Tokyo Gas increased significantly, rising 12% by midday after reaching a peak of 15% earlier in the day.
Elliott Investment Management Stake: The surge followed the announcement that activist investor Elliott Investment Management had acquired a stake in the Japanese utility company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
