JPMorgan Chase Increases Stake in Polynovo Limited
JPMorgan Chase & Co. has increased its stake in Polynovo Limited (AU:PNV), raising its voting power from 6.30% to 7.53%. This change indicates a significant shift in the company's shareholder structure, which may affect its market positioning and stakeholder relations. Polynovo's year-to-date price performance is down 40.96%, with an average trading volume of 4,474 and a current market cap of $415.9 million. For more details, visit TipRanks’ Stock Analysis page.
An announcement from Polynovo Limited ( (AU:PNV) ) is now available.
Polynovo Limited has experienced a change in the interests of its substantial holder, JPMorgan Chase & Co. and its affiliates, who have increased their voting power from 6.30% to 7.53%. This change reflects a significant shift in the company’s shareholder structure, potentially impacting its market positioning and stakeholder relations.
More about Polynovo Limited
YTD Price Performance: -40.96%
Average Trading Volume: 4,474
Technical Sentiment Signal: Strong Buy
Current Market Cap: $415.9M
For a thorough assessment of PNV stock, go to TipRanks’ Stock Analysis page.
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