Japanese Space Debris Pioneer’s Shares Surge in Tokyo Debut

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 48 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

Tokyo Stock Exchange News

Bloomberg,Nobu Okada,Space Debris

(Bloomberg) -- Astroscale Holdings Inc. founder Nobu Okada said the company will increase investment in technology to remove space debris after the...

-- Astroscale Holdings Inc. founder Nobu Okada said the company will increase investment in technology to remove space debris after the pioneering company’s shares surged on their debut in Tokyo.The securities traded as high as ¥1,581 on the Tokyo Stock Exchange’s Growth market, 86% above their initial public offering price of ¥850. By market close, the shares were at ¥1,375, giving Astroscale a market capitalization of ¥155.4 billion .

Astroscale is among a group of startups hoping to address threats caused by orbital debris, which pose risks to satellite constellations such as Space X’s Starlink. WESTPORT, Conn. — Kate Bulkeley's pledge to stay off social media in high school worked at first. She watched the benefits pile up: She was getting excellent grades. She read lots of books. The family had lively conversations around the dinner table and gathered for movie nights on weekends.A softening labour market and a cooling economy have traders perking up with expectations of a September rate cut from the Federal Reserve, lifting stocks and keeping the dollar under pressure.

In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603,718.30 a share.BofA says chip stocks won't peak until mid-2026, and that these 3 sub-industries will thrive until then

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines