tiprankstipranks
Morgan Stanley Exits Genex Power Stake
Company Announcements

Morgan Stanley Exits Genex Power Stake

Genex Power Ltd. (AU:GNX) has released an update.

Morgan Stanley has ceased to be a substantial holder in Genex Power Limited as of May 20, 2024, affecting 2,807,077 ordinary shares and voting rights. The financial giant’s relevant interest changed due to receiving collateral, with no additional associates reported in this shift. This strategic move could signal significant shifts in Genex Power’s investor landscape and stock performance.

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

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles