tiprankstipranks
Mitsubishi UFJ Financial Group Ceases to be a Substantial Holder in Appen Limited
Company Announcements

Mitsubishi UFJ Financial Group Ceases to be a Substantial Holder in Appen Limited

Story Highlights

Invest with Confidence:

The latest announcement is out from Appen Ltd. ( (AU:APX) ).

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Appen Limited as of January 21, 2025. This change is due to the acquisition of voting securities by an entity controlled by Morgan Stanley, which could potentially alter the shareholder dynamics within Appen and impact the company’s strategic decisions moving forward.

More about Appen Ltd.

Appen Limited operates in the technology and data services industry, focusing primarily on providing machine learning and artificial intelligence solutions. The company is known for its expertise in data annotation and language processing, catering to a global market that demands high-quality AI training data.

YTD Price Performance: 3.10%

Average Trading Volume: 1,841

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $429M

For an in-depth examination of APX stock, go to 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

Latest News Feed

More Articles