Sharp Drops After Saying Material Doubt on SurvivalMariko Yasu and Naoko Fujimura
Sharp Corp., the world’s worst-performing major stock, fell in Tokyo after forecasting a record $5.6 billion loss and saying there is “material doubt” about its ability to survive. The company’s credit was downgraded to junk by Fitch Ratings.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.