Three straight gigantic down days for TEPCO, owner of the Fukushima nuclear power plant.
After starting the Wednesday session “ask only” shares plunged 20%. The stock is now down 80% since the crisis.
And a day after rumours started swirling about the whereabouts of CEO Masataka Shimizu, the company said he has been hospitalized with dizziness and high blood pressure.
TEPCO’s chairman apologized at a press conference for “causing a great deal of worry to so many people,” according to Daily Yomuri.