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JPMorgan Adjusts Stake in Darktrace PLC

JPMorgan Adjusts Stake in Darktrace PLC

Darktrace (GB:DARK) has released an update.

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In a significant move within the financial marketplace, JPMorgan Chase & Co. has adjusted its stakes in cybersecurity firm Darktrace PLC, crossing a notable threshold on July 4, 2024. This change, which combines direct and indirect voting rights, and various financial instruments including cash-settled equity swaps, resulted in JPMorgan holding a total of 5.06% of Darktrace’s voting rights as of the reporting date. The intricate chain of controlled undertakings within JPMorgan Chase & Co. now effectively holds a combined voting rights power that could influence Darktrace’s future strategic directions.

For further insights into GB:DARK stock, check out TipRanks’ Stock Analysis page.

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