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,…
Greatland Resources Shares (ASX: GGP) Ignite ASX on Debut – The Path Here
Greatland Resources shares (ASX: GGP) have ignited the Australian Securities Exchange with a spectacular debut, witnessing its shares surge by an impressive 43.7% upon listing. This dramatic uptick, observed immediately following the commencement of trading, reflects a potent cocktail of enthusiasm, strategic corporate restructuring, and promising operational developments within the company’s Australian gold and copper…
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…
Metcash Shares (ASX: MTS) Hit New 52-Week High on Earnings Beat
Metcash shares (ASX: MTS) are riding high today, having gained 2.7% on the day, and hitting a new 52 week high of A$3.90 in the process. The Australian wholesale distribution and marketing giant has seen sentiment build in recent months, with it’s share price having gained 21.41% since the start of the year, reversing a…
Brambles Share Price (BXB) Ends On New High As Outperformance Continues
Brambles shares (ASX: BXB) closed at new highs today, up 3.63% at A$24.56, continuing a period of outperformance that extends to 5 years. An impressive 73.69% surge in the last 12 months underscores the company’s resilience and ability to capitalize on global supply chain dynamics. Over the past 5 years, Brambles has gained 123%, offering…
