Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Dentsu shares jump after IOC rules out Tokyo Olympics cancellation

Published 03/22/2020, 09:10 PM
Updated 03/22/2020, 09:15 PM
© Reuters.

© Reuters.

TOKYO (Reuters) - Dentsu Group (T:4324) shares jumped as much as 12.4% on Monday on relief after the International Olympic Committee suggested it was looking to delay but not cancel the Tokyo Games as the coronavirus pandemic spreads.

Dentsu shares had lost almost half of their value so far this fears as investors had worried that the Tokyo Olympics could be canceled. Dentsu dominates both media buying and advertising in Japan.

 

Latest comments

lmao delay till next one can start. even if Japan can manage to reduce its cases to 0, how does it guarantee the visitors aren't infected. the only way to do so is for all visitors to be on a 2 week quarantine or the world finding a vaccine/cure all existing and ongoing cases.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.