An update from EROAD ( (ERDLF) ) is now available.
Morgan Stanley and its subsidiaries have disclosed that they have ceased to hold a substantial interest in EROAD Limited, a company listed on the NZX. Previously, Morgan Stanley held a 5.026% stake in EROAD, which has now decreased significantly, indicating a strategic shift or reallocation of investments by Morgan Stanley. This change in holdings may impact EROAD’s market perception and investor confidence, as substantial shareholders often play a critical role in influencing company strategies and market stability.
More about EROAD
YTD Price Performance: -17.26%
Average Trading Volume: 200
Technical Sentiment Signal: Strong Buy
Current Market Cap: $94.82M
Find detailed analytics on ERDLF stock on TipRanks’ Stock Analysis page.