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Pinnacle Investment Management Exits Substantial Holding in Nick Scali

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Pinnacle Investment Management Exits Substantial Holding in Nick Scali

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An announcement from Nick Scali Limited ( (AU:NCK) ) is now available.

Pinnacle Investment Management Group Limited has ceased to be a substantial holder in Nick Scali Limited as of February 14, 2025. This change in stake could have implications for Nick Scali’s shareholder structure and market perception, potentially affecting investor confidence and strategic decisions.

More about Nick Scali Limited

Nick Scali Limited is a prominent player in the furniture industry, known for its wide range of high-quality furniture products, catering primarily to the Australian and New Zealand markets.

YTD Price Performance: 17.32%

Average Trading Volume: 254,953

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.51B

See more insights into NCK stock on TipRanks’ Stock Analysis page.

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