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Rakuten ( (JP:4755) ) has issued an update.
Rakuten Securities Holdings, Inc. has decided to withdraw its previous policy of applying for a listing on the Tokyo Stock Exchange. This decision was made in a board meeting and follows an earlier announcement regarding a temporary withdrawal of their listing application. Instead, Rakuten aims to enhance its business value through strengthened collaboration with Mizuho Securities Co., Ltd. and other companies within the Mizuho Financial Group, which may influence its strategic positioning in the financial services sector.
More about Rakuten
Rakuten Group, Inc. is a prominent player in the e-commerce and online services industry, providing a wide range of products and services, including online retail, digital content, and fintech solutions. Rakuten Securities Holdings, Inc., a subsidiary of Rakuten Group, focuses on financial services and securities.
YTD Price Performance: 9.50%
Average Trading Volume: 19,462
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.64B
Find detailed analytics on 4755 stock on TipRanks’ Stock Analysis page.
