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Japan

Shares in Fukushima plant owner TEPCO plunge

Meanwhile, the company confirms that its CEO has been hospitalised with dizziness.

Published with permission from Business Insider.

THREE STRAIGHT GIGANTIC down days for TEPCO, owner of the Fukushima nuclear power plant.

After starting the Wednesday session “ask only” shares plunged 20%. The stock is now down 80% since the crisis.

And a day after rumours started swirling about the whereabouts of CEO Masataka Shimizu, the company said he has been hospitalized with dizziness and high blood pressure.

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Author

Joe Weisenthal

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Shares in Fukushima plant owner TEPCO plunge

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Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.