tiprankstipranks
Magellan Boosts Stake in Nick Scali Limited
Company Announcements

Magellan Boosts Stake in Nick Scali Limited

Nick Scali Limited (AU:NCK) has released an update.

Pick the best stocks and maximize your portfolio:

Magellan Financial Group has increased its stake in Nick Scali Limited, now holding 9.45% of the voting power, up from 8.36%. This change reflects a significant boost in Magellan’s influence within the furniture retailer, indicating potential strategic moves or confidence in the company’s performance.

For further insights into AU:NCK stock, check out TipRanks’ Stock Analysis page.

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