Takata shares tumble again amid fear of a drawn-out restructuring
23 January 2017 - 10:48
Tokyo — Takata shares tumbled again on Monday, diving nearly 18% on the fear of a drawn-out bankruptcy restructuring for the airbag maker at the centre of the biggest-ever car safety recall. The embattled stock, which has lost more than half its market value in a week, fell by its daily limit to close at ¥467, extending a losing streak to a sixth session.
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