tiprankstipranks
JPMorgan Becomes Substantial Holder in New Hope Corp
Company Announcements

JPMorgan Becomes Substantial Holder in New Hope Corp

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

New Hope Corporation Limited ( (AU:NHC) ) has shared an update.

New Hope Corporation Limited has a new substantial holder, JPMorgan Chase & Co. and its affiliates, which acquired a 5.01% voting power stake in the company. This development could potentially impact New Hope Corp’s market position, as JPMorgan’s involvement might bring strategic changes or influence shareholder decisions.

More about New Hope Corporation Limited

YTD Price Performance: -4.06%

Average Trading Volume: 1,528

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.5B

Learn more about NHC stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App