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Morgan Stanley Ends Major Stake in Cooper Energy
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Morgan Stanley Ends Major Stake in Cooper Energy

Cooper Energy Limited (AU:COE) has released an update.

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Morgan Stanley, along with its subsidiaries, has ceased to be a substantial holder in Cooper Energy Limited as of June 25, 2024. The financial institution had been actively trading Cooper Energy shares, with multiple transactions of buying and selling, including a significant sell-off on the day it ceased being a substantial holder. This move could signal a shift in Morgan Stanley’s investment strategy regarding the energy firm.

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

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