Guzman y Gomez Shares (ASX: GYG) Deliver a Year of Two Halves Since IPO
Guzman y Gomez (ASX: GYG), the darling of the Australian fast-casual Mexican food scene, is facing a reality check as its stock price experiences downward pressure. Today’s session saw the GYG share price drop 3.31% and close at A$28.04, below the first trading action above $29 just over a year ago. GYG’s journey since its…
Xero Shares Drop 5% as A$1.85 Billion Placement Hits
Xero shares (ASX:XRO) closed the day down 5.26% at A$184, hot on the heels of the company’s ambitious A$1.85 billion institutional placement, designed to fund the acquisition of US-based Melio, a payment solutions provider for small businesses. While the long-term outlook for Xero remains largely positive, the market is currently digesting the implications of this strategic…
DroneShield Shares (ASX:DRO) Continue To Rally as Contract Win Fuels Bulls
DroneShield (ASX: DRO) is making headlines after securing its largest contract to date, a landmark A$61.6 million deal with a European military customer. The news sent DroneShield’s share price soaring, closing at A$2.39, an 11.68% gain on the day, and a staggering 104.27% over the past month of trading. This contract, comprising three separate agreements,…
Emerald Resources Shares Drop +10% As Production Numbers Short
Emerald Resources share price (ASX:EMR) experienced a significant downturn today, plummeting 10.77% to close at A$4.06. This sharp decline marks a notable correction for a stock that has generally enjoyed a positive trajectory over longer periods. While EMR has demonstrated robust since the start of this year (+23.78%) and 5 years (+651%), today’s drop, coming…
Woodside Energy (ASX:WDS) Pulls Back, Completes Louisiana LNG Sell-Down to Stonepeak
Woodside Energy shares (ASX:WDS) dropped 0.66% today, as the cooling of tensions in the Middle East brought about by the recent ceasefire has seen oil prices drop back. Despite the recent 7.5% pullback below A$25, Woodside’s share price is holding the A$24 level today, one which has previously provided some level of support and resistance…
Champion Iron Shares Move Off 52 Week Low
Champion Iron shares (ASX: CIA) rallied 3.54% today, moving firmly off the new lows hit in Monday’s session of $3.90 AUD. Since the start of the year however, the shares remain in a downward channel, having lost 30.9% of their value. This recent slump reflects a confluence of factors, including disappointing financial results, analyst downgrades,…
Earnings and Dividends This Week – 23rd June 2025
In this article we take a look at the upcoming dividends and earnings to watch out for on the ASX this week. Earnings This Week Peak earnings season in Australia is long since passed, but there remain stragglers worthy of note. This week there are two – Metcash, with an EPS estimate of $0.13 per…
52 Week Lows This Week – 23rd June 2025
Stocks hitting 52 week lows and 52 week highs are closely watched by investors looking for value and high growth respectively. Bargain hunters look for profitable companies hitting 52 week lows, whereas stocks hitting 52 week highs provide fertile ground for growth seeking investors. Here are the stocks hitting 52 week lows and 52 week highs this…
Market Outlook This Week – 23rd June 2025
We take a look back at the key events from last week, check the market outlook for this week and list the key economic events, data releases and IPOs to look for. The ASX 200 went from flat at the start of the week to an early onset of downward movement due to…
Mesoblast Shares (ASX:MSB) Continue To Drop as Stellar 2024 In Rear-View
Mesoblast shares (ASX: MSB) have taken a further drop today, down 4.57% as the pullback from highs that began at the start of the year continues at pace. Whilst the biotech firm has seen its share price plummet 53% since the start of 2025, those with a longer memory may look back to a hugely…
