The latest announcement is out from Graincorp Limited Class A ( (AU:GNC) ).
Macquarie Group Limited has become a substantial holder in Graincorp Limited, a company known for its operations in the agribusiness sector, particularly in grain handling and storage. This development indicates Macquarie’s increased influence over Graincorp, with a voting power of 8.73% through various controlled entities, potentially impacting Graincorp’s strategic decisions and market positioning.
More about Graincorp Limited Class A
YTD Price Performance: -13.32%
Average Trading Volume: 6,958
Technical Sentiment Signal: Strong Buy
Current Market Cap: $878.8M
See more insights into GNC stock on TipRanks’ Stock Analysis page.