Shares of Rakuten Group JP:4755 rose sharply after its results showed a significantly better financial performance and painted a promising outlook for the year ahead.
The stock rose to an eight-month high on Thursday, rising nearly 16% to 731.30 yen ($4.86). The jump takes the ISP's 12-month performance into positive territory with a 2.6% rise and puts the stock on track for its best day of gains since March 2021.
Rakuten…
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