Toshiba shares untraded amid heavy sell orders on news may book steep charges
TOKYO (Reuters) - Shares of Toshiba Corp <6502.T> were untraded amid a glut of sell orders on Wednesday morning, poised to extend losses after the company said it may have to book several billion dollars in charges related to a U.S. nuclear power business acquisition.
Toshiba shares were indicated to fall 10 percent in early trade, after plummeting 12 percent the previous day.
(Reporting by Ayai Tomisawa; Editing by Chris Gallagher)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Dec 28 2016 | 6:24 AM IST