This is a quote from the article “Strength seen in Nikon Corp. Can its 8.2% jump turn into more strength?” published on Yahoo Finance a few days ago: “Nikon Corp. NINOY shares rallied 8.2% in the last trading session to close at $10.03. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock’s 7.8% gain over the past four weeks. The increase in share price can be attributed to Intel’s plan to spend $20 billion on building its foundry business thereby driving demand for Nikon’s semiconductor production equipment. Moreover, recovery in semiconductor capital investments is expected to boost Nikon’s top-line growth in the near term.” Nikon’s stock has been going up since the beginning of 2021: Nikon stock price is up almost 50% this year (2021) Get 15% off on all Topaz Labs products with code RUMORS15 Get 20% off on all ON1 products with code NIKONRUMORS Get $10 off Luminar with code NIKONRUMORS Get 15% off on the new Capture One Nordic Style Kit Get 30% off on all DxO products The post Financial report: “Strength seen in Nikon Corp. Can its 8.2% jump turn into more strength?” appeared first on Nikon Rumors. Related posts: More changes at Nikon Corp. Some quotes from the recent Nikon Q3 2021 earnings call transcript Report: “Nikon offers a potential upside of 50%+ from the current stock price” ...
Published By: Nikonrumors - Tuesday, 30 March, 2021