Megaport Ltd. (AU:MP1) has released an update.
State Street Corporation has emerged as a substantial holder in Megaport Limited, acquiring a 5.17% stake with 8,250,025 ordinary shares. The acquisition, which places State Street Corporation among the leading shareholders, was completed on April 12, 2024. Such a significant investment could indicate strong investor confidence in Megaport’s business model and future prospects.
For further insights into AU:MP1 stock, check out TipRanks’ Stock Analysis page.
