NEC (OTCMKTS:NIPNF) Shares Gap Down - Here's What Happened

Key Points

• NEC Co. shares experienced a significant gap down, opening at $28.75 after closing at $31.31, representing an 8.2% decrease.
• The stock traded a volume of 125 shares after the drop, well below its 50-day moving average of $29.35.
• NEC Corporation provides information and communication technology solutions across five business segments, indicating a diverse operational focus.

NEC Co. (OTCMKTS:NIPNF - ) shares gapped down prior to trading on Tuesday . The stock had previously closed at $31.31, but opened at $28.75. NEC shares last traded at $28.75, with a volume of 125 shares traded.

NEC Stock Down 8.2%

The firm has a 50 day moving average of $29.35 and a two-hundred day moving average of $40.75.

NEC Company Profile

NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment.

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