TEPCO Shares Plunge 18% To The Lowest Level Since 1951

TEPCO shares took another giant 18% plunge today — ending at the lowest level since 1951.

The nuclear crisis isn’t getting that much worse (or better), but estimates for total liability are rising. Some analysts project compensation costs of $120 billion, according to the BBC.

However, right after the market closed, Prime Minister Kan said the government would take final responsibility for the nuclear crisis, according to KYODO. It’s not clear what that means for TEPCO’s liability.

chartTEPCO

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