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State Street Corporation Exits Megaport Stake

State Street Corporation Exits Megaport Stake

Megaport Ltd. (AU:MP1) has released an update.

State Street Corporation has ceased to be a substantial holder in Megaport Limited as of April 25, 2024, which marks a significant change in the company’s shareholder composition. This discontinuation of substantial holding was officially acknowledged by the company with a notice given the following day. The details regarding the nature of this change and the associated considerations are outlined in the company’s latest regulatory filing.

For further insights into AU:MP1 stock, check out TipRanks’ Stock Analysis page.

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