Hokuriku Electric Falls Most Since at Least 1974: Tokyo Mover
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Hokuriku Electric Power Co. plunged 21 percent, the most since 1974, in Tokyo trading after seismologists said there may be an active earthquake fault line under the No. 1 reactor at its Shika power station.
The utility lost 238 yen to 877 yen, the lowest price since Dec. 20, 1982, which followed an 8.3 percent fall in the stock yesterday. The company’s shares are on a five-day losing streak, the longest since May 9 this year.