Will US Exchanges Follow The Tokyo Stock Exchange (TSE)鈥檚 Lead In Nudging Chronic Underperformers?

By Contributor Shivaram Rajgopal

Will US Exchanges Follow The Tokyo Stock Exchange (TSE)鈥檚 Lead In Nudging Chronic Underperformers?

The TSE asks firms with price to book (P/B) of less than 1 to publish turnaround plans. Around 23% of US firms have a P/B less than 1.

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