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April 26, 2021
Could the Resmed (ASX:RMD) share price face a similar selloff to Kogan? Kerry Sun | April 26, 2021 2:29pm | More on: The ResMed Inc(ASX: RMD) share price is as choppy as they come. Its shares have experienced multiple V-shaped recoveries starting with the initial COVID-19 selloff in March last year. Why it could be sink or swim for ResMed ResMed will announce its third-quarter FY21 (3Q21) financial and operational results on Thursday, 29 April after the New York Stock market closes. ResM...
April 24, 2021
2 excellent ASX growth shares that are rated highly James Mickleboro | April 24, 2021 8:56am | More on: Image source: Getty Images If you’re a growth investor then you’re in luck. The Australian share market is home to a number of quality shares that have the potential to grow strongly in the future. Two top ASX growth shares that have been tipped as buys are listed below. Here’s why they are highly rated: The first ASX growth share to look at is Redbubble. This ecom...
April 23, 2021
Asian Open: Enter Taxman, Wall Street lower, USD Catches a Bid Matt Simpson April 22, 2021 11:09 PM US indices fell overnight as Wall Street traders are no doubt ‘miffed’ on news that the Biden Administration plans to almost double capital gains tax on high earners. Share: Asian Futures: Australias ASX 200 futures are down -15 points (-0.21%), the cas...
April 23, 2021
Kogan (ASX:KGN) share price crashes 13% on Q3 update James Mickleboro | April 23, 2021 1:50pm | More on: In afternoon trade, the ecommerce company’s shares are down 13% to $10.80. This means the Kogan share price is now down 58% from its 52-week high. Why is the Kogan share price crashing lower? Investors have been heading to the exits in their droves today after Kogan became the latest ecommerce company to release a disappointing third quarter update. This follows similarly poorly received...
April 22, 2021
Redbubble (ASX:RBL) share price crashes 20% on increased investments Mitchell Lawler | April 22, 2021 2:49pm | More on: Shares in Redbubble Ltd(ASX: RBL) have continued to spiral downwards throughout the session after the ecommerce company released its third-quarter and year-to-date update. At the time of writing, the Redbubble share price has collapsed 20.51% to $4.38. Looking at the company’s growth alone doesn’t quite explain the dramatic fall. So, let’s take a look at what exactly ...
April 22, 2021
Redbubble (ASX:RBL) share price crashes 12% on Q3 update James Mickleboro | April 22, 2021 10:17am | More on: In morning trade, the ecommerce company’s shares down a disappointing 12% to $4.84. Why is the Redbubble share price crashing? Investors have been selling Redbubble’s shares this morning following the release of its third quarter and year to date update. In respect to the latter, for the nine months ended 31 March, Redbubble reported gross transaction value of $576 million and mar...
April 22, 2021
Why AMP, Challenger, Pilbara Minerals, & Redbubble shares are tumbling lower James Mickleboro | April 22, 2021 1:09pm | More on: In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is bouncing back from yesterday’s decline. The benchmark index is currently up 0.4% to 7,027.4 points. Four ASX shares that have not been able to follow the market higher today are listed below. Here’s why they are tumbling lower: The AMP share price is down 4.5% to $1.11. Investors have been selling the fin...
April 5, 2021
2 fast-growth ASX tech shares that have been sold off Tristan Harrison | April 5, 2021 8:50am | More on: Image source: Getty Images There are some fast-growth ASX tech shares that have been sold off in recent weeks and could be worth thinking. Some businesses have been going up over the last few weeks such as Domino’s Pizza Enterprises Ltd.(ASX: DMP). However, there are also some ASX tech shares that have been falling despite reporting growth: The Redbubble share price ...
March 13, 2021
Morgan Stanley has shared some thoughts about how COVID-19 accelerated the adoption of e-commerce and other parts of the economy.
March 2, 2021
Why Afterpay, IOUpay, Liontown Resources, & Redbubble are racing higher James Mickleboro | March 2, 2021 11:04am | More on: In morning trade on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is on course to record another solid gain. At the time of writing, the benchmark index is up 0.7% to 6,838.9 points. Four ASX shares that are climbing more than most today are listed below. Here’s why they are racing higher: The Afterpay share price is up 3% to $129.08 despite there being no news out of th...