TEPCO Plunges 20%, CEO Hospitalized

The owner of Fukushima nuclear power plant, Tokyo Electric Power Co. Inc., acquired three gigantic consecutive plunges as of last Wednesday, March 30. Following the start of its yesterday’s session, TEPCO’s shares dropped to 20%. The company’s stocks are now down to 80% since the Japan earthquake.

More over, TEPCO CEO – Masataka Shimizu – was confirmed to be hospitalized due high blood pressure and dizziness. The Daily Yomiuri’s posted on its official Twitter account, that the chairman apologized for “causing a great deal of worry to so many people”.

View Article Source »