Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan's Diamond Online magazine reported that activist investor Oasis Management had taken a stake in the automaker.

One of the most prolific activist investors in Japanese companies is targeting Nissan Motor 72014.46%increase; green up pointing triangle, setting up a corporate standoff that investors hope will translate into a higher stock price. Singapore-based ...

Nissan Motor Co. shares climbed after Japanese business publication Diamond reported activist investor Oasis Management Co. holds a minority stake, following a week of sharp swings in the stock.

One of the most prolific activist investors in Japanese companies is targeting Nissan Motor, setting up a corporate standoff that investors hope will translate into a higher stock price.

TOKYO (Reuters) - Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan's Diamond Online magazine reported that activist investor Oasis Management had taken a stake in the automaker. Nissan shares were last up 4% at 426.7 yen ($2.73), compared with a 0.9% advance on the benchmark Nikkei index.