Page 7 - Redbubble Ltd News Today

RBNZ’s hawkish surprise saw the Kiwi dollar trade higher through all three sessions yesterday. It also appears to have spurned some profit taking on an (arguably) over-stretched Canadian dollar.

-3.25%   -  Elders Ltd  (ELD.AX)  Forex: USD thrown overboard again The dollar was thrown overboard again with the revival of a risk-on appetite, sending the US dollar index (DXY) back near this week’s lows. A break beneath 89.68 assumes bearish trend continuation and marks 90.29 as a new lower high. EUR/USD rallied back above 1.2220 but failed to retest it highs. Whilst momentum is pointing higher, we are monitoring its potential to form a bearish wedge reversal pattern. Early days t...

Adore Beauty Group Ltd(ASX: ABY) share price on Monday. At one stage, the online beauty retailer’s shares were down as much as 9% to a record low of $3.34. When the Adore Beauty share price hit that level, it meant it was down a disappointing 50% from its October IPO listing price of $6.75. Why is the Adore Beauty share price under pressure? As well as being caught up in an ecommerce selloff along with the likes of Redbubble Ltd(ASX: RBL), a disappointing trading update last week has weighed...

Adore Beauty (ASX:ABY) share price plunges 10% on quarterly update Adore Beauty (ASX:ABY) share price plunges 10% on quarterly update The Adore Beauty Group Ltd (ASX: ABY) share price is plummeting today after the company released its quarterly update. Here’s the lowdown. Kerry Sun is a site writer at The Motley Fool Australia. He holds a Bachelor of Commerce, majoring in Finance and Economics. Kerry started his investing and trading journey back in 2014, riding the highs of A2 Milk and low...

ASX 200 tech shares under pressure after Nasdaq selloff Kerry Sun | May 5, 2021 11:00am | More on: Image source: Getty Images The Nasdaq found itself in deep waters on Tuesday as steep declines in mega cap shares pushed the index as much as 3% lower. Bouncing off intraday lows, the index managed to close 1.88% down for the day. However, the negative sentiment has carried over to ASX 200 tech shares today.  Why ASX 200 tech shares are coming under pressure  High profile U...

The At the time of writing, the MyDeal share price is trading at 71 cents, up 4.4%. The online retail marketplace has a lot of work to do after sliding almost 60% since its ASX debut on 22 October.  MyDeal ticks off another growth initiative  Back in the first half of FY21, the launch of native apps was a key growth initiative to improve the mobile shopping experience, reduce marketing and increase customer retention. Mobile apps represent a significant growth opportunity with approximately ...

Why the Redbubble (ASX:RBL) share price sank 18% lower in April James Mickleboro | May 3, 2021 8:45am | More on: The ecommerce company’s shares dropped 18.2% over the 30 days. This means the Redbubble share price is now down almost 26% since the start of the year. Why did the Redbubble share price crash lower in April? The Redbubble share price was sold off last month following the release of its third quarter update. Although the company’s top line continues to grow strongly, its lack of...

What do brokers think of the ResMed (ASX:RMD) share price dip? Kerry Sun | May 3, 2021 3:21pm | More on: The  ResMed Inc(ASX: RMD) share price continues to take a beating on Monday after releasing its third-quarter results last week. Its shares have lost almost 9% in the last two trading sessions.  At the time of writing, the ResMed share price is down 5.24%, trading at $24.80. Why is the ResMed share price under pressure? The narrative for the ResMed share price is similar to that of Tem...

Is there still upside to the JB Hi-Fi (ASX:JBH) share price? Kerry Sun | April 29, 2021 4:48pm | More on: Image source: Getty Images Quarterly reporting season is drawing tough comparisons for ASX e-commerce shares following supercharged COVID-19 earnings in 2020. This has dragged the JB Hi-Fi Ltd(ASX: JBH) share price down 10% in the last five trading sessions. There appears to be a diverging performance between e-commerce shares such as Kogan.com Ltd(ASX: KGN) that hav...

Share this article NEW YORK, April 27, 2021 /PRNewswire/ --  The gifts novelty and souvenirs market is set to grow by USD 11.88 billion, progressing at a CAGR of over 3% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Gifts Novelty and Souvenirs Market by Product, Distribution Channel, and Geography - Forecast and ...