Olympus Shares Slump to 8-Month Low, Down 11% After Japanese Giant Cuts Income Forecast
Shares of Olympus Corporation, the Japanese multinational known for its medical technology and imaging products, slumped to an 8-month low, falling nearly 11% after the company announced a downward revision of its income forecast. The sharp decline reflects investor concerns over slowing demand, rising costs, and global market uncertainties impacting the company’s profitability outlook. Key…