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JPMorgan Chase & Co. Ceases Substantial Holding in Iperionx Limited

Story Highlights
  • JPMorgan Chase & Co. and affiliates are no longer substantial holders of Iperionx’s voting securities.
  • This change in holding might affect Iperionx’s shareholder structure and market perception.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JPMorgan Chase & Co. Ceases Substantial Holding in Iperionx Limited

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An announcement from Iperionx Limited ( (AU:IPX) ) is now available.

Iperionx Limited has announced that JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders of its voting securities. This change involves various transactions including securities on loan, purchases and sales, and rehypothecation of client securities under a prime brokerage agreement. The cessation of JPMorgan’s substantial holding may impact Iperionx’s shareholder structure and could influence market perceptions and investor confidence.

The most recent analyst rating on (AU:IPX) stock is a Buy with a A$6.65 price target. To see the full list of analyst forecasts on Iperionx Limited stock, see the AU:IPX Stock Forecast page.

More about Iperionx Limited

Average Trading Volume: 1,926,694

Technical Sentiment Signal: Buy

Current Market Cap: A$1.37B

Find detailed analytics on IPX stock on TipRanks’ Stock Analysis page.

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