Nikon Stock Skyrockets Amid Rumors of a Sale

Nikon lost a lot of money last fiscal year. In fact, Nikon lost a record-breaking amount of money, a whopping 86 billion yen, or more than $542 million at current exchange rates. Nikon's largest shareholder, EssilorLuxottica, is reportedly weighing a major acquisition of the company, sending its stock soaring. [Read More]