·3 min read
Nissan at ¥350 — A ¥533 Billion Loss and a Suspended Dividend
Ruslan Averin's read — Nissan is cutting 20,000 jobs, posted a ¥533B loss and suspended its dividend. The 'Re:Nissan' turnaround may eventually work, but at ¥350 this is a restructuring bet, not an investment.