Yamato Holdings Shares Jump After US Fund Reveals Big Stake
Listen to the story
Yamato Holdings is a big company in Japan. It works in delivery.
Its share price went up a lot. This is called a rebound.
The price went up after some big news. A US fund called Farallon has a large stake in Yamato.
A fund is a company that buys shares in other companies. A stake means owning part of a company.
Farallon wants the chairman of Yamato to leave his job. A chairman is a top leader of a company.
Farallon says Yamato needs big changes. It wants bold changes in how the company works.
Bold means brave and strong. Farallon thinks this will help Yamato do better.
News about other small companies also came out. One company called ACSL also went up. Another company called Cyber Trust went down a lot.
Vocabulary8 words
- rebound
- when a price goes up again after going down
- fund
- a company that buys parts of other companies with money
- stake
- the part of a company that someone owns
- chairman
- the top leader of a company
- bold
- brave and strong
- shareholding
- the shares a person or company owns
- delivery
- bringing goods to people's homes
- disclosed
- told people something that was secret before
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Quiz
Answer key
1. It went up a lot 2. For the chairman to leave his job 3. A US investment fund
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Yamato Holdings is a big company in Japan. It works in _____.
Its share price went up a lot. This is called a _____.
The price went up after some big news. A US fund called Farallon has a large _____ in Yamato.
A fund is a company that buys shares in other companies. A stake means owning part of a company.
Farallon wants the _____ of Yamato to leave his job. A chairman is a top leader of a company.
Farallon says Yamato needs big changes. It wants _____ changes in how the company works.
Bold means brave and strong. Farallon thinks this will help Yamato do better.
News about other small companies also came out. One company called ACSL also went up. Another company called Cyber Trust went _____ a lot.

