Nikon Stock Skyrockets Amid Rumors of a Sale Jeremy Gray PetaPixel

Nikon Stock Skyrockets Amid Rumors of a Sale Jeremy Gray PetaPixel

Large, white "Nikon" sign stands amid greenery outside a modern building, near concrete steps and surrounded by trees and bushes.

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.

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