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Olympus shares drop over 5% after CEO resigns over drug allegation

CNBC
Summary
Nutrition label

81% Informative

Shares of Japanese camera giant Olympus Corp fell on Monday after the company announced the resignation of its chief executive officer over a drug allegation.

Stefan Kaufmann , 56 , had worked at Olympus for two decades , complied with a request to offer his resignation, the company said.

The stock slid 5.3% on the Tokyo Stock Exchange following news of the resignation.

VR Score

79

Informative language

77

Neutral language

47

Article tone

semi-formal

Language

English

Language complexity

73

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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