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Mitsubishi UFJ Financial Group Acquires Substantial Stake in Appen Limited

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Mitsubishi UFJ Financial Group Acquires Substantial Stake in Appen Limited

Appen Ltd. ( (AU:APX) ) has shared an update.

Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Appen Limited, acquiring a significant voting power of 5.09% through various associates, including Morgan Stanley and First Sentier Investors Holdings Pty Limited. This development indicates a strategic investment move by Mitsubishi UFJ Financial Group, potentially impacting Appen’s market dynamics and stakeholder interests.

More about Appen Ltd.

YTD Price Performance: -43.46%

Average Trading Volume: 2,409

Technical Sentiment Signal: Strong Buy

Current Market Cap: $157.6M

See more data about APX stock on TipRanks’ Stock Analysis page.

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