Nissan Drops Most Since ’08 After Cutting Forecast: Tokyo Mover
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Nissan Motor Co., Japan’s second-biggest carmaker, tumbled the most in almost five years in Tokyo trading after the company lowered its profit forecast.
The stock fell 10 percent to close at 861 yen, the biggest decline since December 2008. Nissan had the largest drop in the Nikkei 225 Stock Average, which climbed 0.2 percent.