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JPMorgan Chase & Co. Ceases Substantial Holding in Megaport Ltd

Story Highlights
  • JPMorgan Chase & Co. has ceased to be a substantial holder in Megaport Ltd.
  • The change involves securities lending and trading, affecting Megaport’s shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JPMorgan Chase & Co. Ceases Substantial Holding in Megaport Ltd

Confident Investing Starts Here:

Megaport ( (AU:MP1) ) just unveiled an announcement.

JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Megaport Ltd, a company involved in providing network services. This change reflects various transactions involving securities lending and proprietary trading, impacting the company’s shareholder structure. The cessation of substantial holding may influence Megaport’s market perception and stakeholder interests.

More about Megaport

Average Trading Volume: 940,508

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.86B

For a thorough assessment of MP1 stock, go to TipRanks’ Stock Analysis page.

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