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JPMorgan Ceases Substantial Holding in Mesoblast Limited

Story Highlights
  • JPMorgan Chase & Co. and its affiliates have ceased to be a substantial holder in Mesoblast Limited.
  • The change involves securities lending and proprietary trading, impacting Mesoblast’s voting securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Mesoblast Limited ( (AU:MSB) ) just unveiled an update.

Mesoblast Limited has announced that JPMorgan Chase & Co. and its affiliates have ceased to be a substantial holder in the company. This change in substantial holding involves various transactions, including securities lending and proprietary trading, which have impacted the voting securities of Mesoblast Limited. The cessation of JPMorgan’s substantial holding may influence the company’s market perception and stakeholder dynamics.

More about Mesoblast Limited

Average Trading Volume: 6,781,038

Technical Sentiment Signal: Hold

Current Market Cap: A$2.22B

For an in-depth examination of MSB stock, go to TipRanks’ Stock Analysis page.

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