Elpida shares tumble on $1.2 billion April-December loss report

Elpida shares tumble on $1.2 billion April-December loss report

Stock Market Predictions

TOKYO (Global Markets) - Shares in Elpida Memory Inc (6665.T) shed 6.6 percent in early trade on Friday after the Nikkei business daily said the memory chip maker is likely to book an operating loss of around 90 billion yen ($1.16 billion) for the April-December period.

(Reporting by Dominic Lau; Editing by Chris Gallagher)