Nissan Shares Fall Most Since August on Honda Deal Worries
- Honda tie-up ratio estimates disappoint bullish investors
- Future restructuring costs may impact merger terms: Citigroup
Nissan shares rose almost 64% between Dec. 18 and Dec. 26, on hopes that a deal would save its struggling business.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Nissan Motor Co. shares declined the most since August’s market rout, amid volatility as investor focus shifts to the terms of the carmaker’s planned deal with Honda Motor Co.
The stock tumbled as much as 15% Friday, its sharpest intraday drop in 26 years, before paring its loss to close 7.8% lower. It was the most-traded stock, in terms of volume, on Japan’s benchmark Topix.