
2/2
(Bloomberg) — Canon Inc. dived the most in eight years after reporting the first quarterly loss in its history, as Covid-19 dampened the global economy.
The Japanese firm’s shares slid as much as 10.7%, the biggest decline on an intraday basis since July 2012. Demand declined rapidly and business activity was “restrained” amid the coronavirus outbreak, it said in a statement Tuesday.
©2020 Bloomberg L.P.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.