•1 min read•from PetaPixel
Nikon Stock Skyrockets Amid Rumors of a Sale
Nikon lost a lot of money last fiscal year. In fact, Nikon lost a record-breaking amount of money, a whopping 86 billion yen, or more than $542 million at current exchange rates. Nikon's largest shareholder, EssilorLuxottica, is reportedly weighing a major acquisition of the company, sending its stock soaring.
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