Investors who don't do their homework may see the values of their investments plummet, much the way people lost big on mortgage investments in 2008.
According to foreign financiers in Tokyo, overseas investors may control as much as 51% of Olympus stock, which has halved in price since Mr Woodford was sacked (and plummeted as much as 80% lower on November 11th).Some large Japanese institutions like Mitsubishi UFJ Financial Group and Nippon Life Insurance pared back their stakes in Olympus.
She watched in bewilderment as Softmax shares plummeted as much as 25 percent in just one day.
First, the values of those buildings have plummeted, as much as 45 percent in some instances.
Stocks were being dumped overboard for whatever they could bring, and prices plummeted as much as ten points between sales.
InterMune's stock had already slipped 41 cents, to $28.05, during regular trading, but shares plummeted as much as $4.94 more in after-hours trading, to $23.11.
Shares of Focus Media Holding, the Chinese advertising company, plummeted as much as 66 percent, for a $1.36 billion loss of market value, after Carson C. Block, who runs the Muddy Waters investment firm, issued a report questioning the company's accounting.
Strong evidence suggests that, even before Napster went offline, the number of songs traded on the site plummeted as much as 95percentt when it began filtering unlicensed copyrighted files, according to Webnoize, a digital music research company.
The Nikkei 225 index, already badly mauled on Monday, plummeted as much as 14.4 percent on Tuesday to its lowest in two years, exacerbating the 6.2 percent slump the previous day, as warnings about a potential nuclear disaster in the country aggravated the pain already felt by the quake and tsunami.
