Mackenzie Financial Corp Reports 10.07% Passive Stake In CAE Inc As Of Oct. 31
Portfolio Pulse from Benzinga Newsdesk
Mackenzie Financial Corp has reported a 10.07% passive stake in CAE Inc as of October 31, according to an SEC 13G filing.
November 08, 2023 | 7:37 pm
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NEUTRAL IMPACT
Mackenzie Financial Corp's 10.07% passive stake in CAE Inc could potentially influence the company's stock price.
The news of Mackenzie Financial Corp's 10.07% passive stake in CAE Inc is directly related to the company. While passive stakes do not involve active management or influence on a company's operations, they can still impact the perception of the company's stock among investors. This could potentially influence the stock price, although the direction of the impact is uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100