It’s been a busy couple of weeks for Nikon. On May 8, it released its extremely disappointing financial results for the year, although further research indicates the situation is far less bleak than it might look. Then, Nikon shares suddenly shot up, coinciding with bombastic internet chatter that the ‘Big N’ could be sold to Essilor of France.
Stocks peaked on May 14 and have been largely in decline since. According to a post by Nikon Rumors, talk of a sale is pure "speculation". The rumor outlet went so far as to outline the difference between speculation and rumor, while referring to the furor as a “soap opera” and stating: “No official confirmation of any sale talks has been reported.” It also highlighted that the boost in stocks happened after a FACTA article charted the increase in stock prices on May 14.
