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JPMorgan Becomes Substantial Holder in New Hope Corp

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JPMorgan Becomes Substantial Holder in New Hope Corp

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New Hope Corporation Limited ( (AU:NHC) ) has shared an update.

New Hope Corporation Limited has a new substantial holder, JPMorgan Chase & Co. and its affiliates, which acquired a 5.01% voting power stake in the company. This development could potentially impact New Hope Corp’s market position, as JPMorgan’s involvement might bring strategic changes or influence shareholder decisions.

More about New Hope Corporation Limited

YTD Price Performance: -4.06%

Average Trading Volume: 1,528

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.5B

Learn more about NHC stock on TipRanks’ Stock Analysis page.

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