Mitsubishi Electric Corp. shares JP:6503 rose sharply Tuesday morning after the company announced the restructuring of its loss-making car equipment business.
Shares were recently 4.7% higher at 1,706.5 yen ($12.71) after rising as much as 5.4% earlier.
The company said Monday after market close that it would discontinue its car multimedia...
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April 25, 2023 at 08:52AM
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Mitsubishi Electric Shares Gain on Restructuring of Loss-Making Car Parts Business - MarketWatch
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