JPMorgan Boosts Stake in Star Entertainment

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JPMorgan Boosts Stake in Star Entertainment

Star Entertainment Group Limited ( (AU:SGR) ) just unveiled an announcement.

JPMorgan Chase & Co. and its affiliates have increased their voting power in Star Entertainment Group Limited, a company involved in the entertainment and hospitality industry, from 5.05% to 6.34%. This change in substantial holding suggests a strategic maneuver by JPMorgan, potentially influencing Star Entertainment’s governance and future business decisions, affecting its stakeholders.

More about Star Entertainment Group Limited

YTD Price Performance: 29.75%

Average Trading Volume: 418,309

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $193.7M

For detailed information about SGR stock, go to TipRanks’ Stock Analysis page.

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