TEPCO Stock Implodes As Radioactive Iodine In Fukushima Seawater Now 3,355 Above Limit
by Tyler Durden
Following the full day trading halt yesterday, a soon to be nationalized TEPCO decided to reopen. Instead it should not have passed go and gone straight to prison. The stock crashed 21% from yesterday’s closing tick immediately at the open, 35% from Monday’s close, and 79% in under three weeks. To all the major holders (which just happen to be Japan’s largest insurance companies as disclosed previously) our condolences.