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JPMorgan Chase Increases Stake in Paladin Energy – TipRanks

Written by Amanda

JPMorgan Chase Increases Stake in Paladin Energy – TipRanks.com




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Paladin Energy Ltd ( (AU:PDN) ) has shared an update.

JPMorgan Chase & Co. and its affiliates have increased their voting power in Paladin Energy Ltd, as detailed in a recent substantial holding notice. Their voting power rose from 7.55% to 8.59%, indicating a growing interest and potentially greater influence in the strategic decisions of Paladin Energy. This change suggests an evolving investment strategy by JPMorgan Chase, which could have implications for Paladin Energy’s market position and future initiatives.

More about Paladin Energy Ltd

Paladin Energy Ltd is a company operating in the energy sector, primarily focusing on the production and distribution of uranium. The company plays a significant role in the nuclear energy market, offering products essential for nuclear power generation, thereby having a substantial impact on the global energy supply chain.

YTD Price Performance: -3.62%

Average Trading Volume: 105,059

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.95B

For a thorough assessment of PDN stock, go to TipRanks’ Stock Analysis page.

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Source: tipranks.com

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai