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Aug 26, 2025
Nissan shares plunge 6% as Mercedes exits $346M stake
Nissan shares tumbled over 6% on Tuesday after Mercedes-Benz announced plans to sell its entire 3.8% stake worth approximately $346 million in the struggling Japanese automaker. Trading at 341 yen by midday, the shares marked their steepest single-day decline since early July, underscoring mounting investor concerns about Nissan's ability to execute its ambitious turnaround plan.