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Kioxia Shares Fall 13.28% to 15,180 on October 13

Kioxia Holdings closed at 15,180, down 13.28%, at 3:30 p.m. JST on October 13. The headline also reports an S&P credit-profile upgrade, which followed the selloff.

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m. 28% decline. A credit upgrade came later, pairing the steep share-price drop with a more favorable view of the company’s debt. The two developments are distinct: stronger protection for lender…