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LY Corporation ( (JP:4689) ) just unveiled an update.
LY Corporation announced an incident involving insider trading by a former employee of its subsidiary, who purchased shares of Demae-can Co., Ltd. based on non-public information before an official partnership announcement. The company expressed regret over the incident, apologizing to stakeholders and committing to reinforce compliance and employee education to prevent future violations.
More about LY Corporation
LY Corporation operates in the technology sector, primarily focusing on digital communication and services. It includes subsidiaries such as LINE Corporation, which underwent a business integration to become A Holdings Corporation, and has a market focus on digital platforms and partnerships.
YTD Price Performance: 1.86%
Average Trading Volume: 12,012,730
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen2982.4B
For an in-depth examination of 4689 stock, go to TipRanks’ Stock Analysis page.
