Lovisa Holdings Fall Back As Markets Digest Leadership Shift
Lovisa Holdings shares (ASX: LOV) fell 9.15% on Thursday after the fast-fashion jewellery retailer confirmed the resignation of its long-serving Group Chief Financial Officer, Chris Lauder. The Lovisa share price will head into the open at A$22.44 after the drop, as the announcement triggered a broad selloff that once again saw the stock rejected near…
Paladin Energy Down 25% in a Month, Bringing a Valuation Focused Upgrade
Paladin Energy shares (ASX: PDN) have been under pressure over the past month, giving Goldman Sachs reason to abandon its bearish stance on the stock, with an upgrade to Neutral that suggests a healthy perceived upside from here. The Paladin Energy share price has given back 25.36% over the past month, sliding to A$8.71, with…
Three Financial Stocks Moving In Opposite Directions: The Latest Look
It has a contrasting 2026 for three particular ASX financial stocks so far, with Netwealth (ASX: NWL) and Hub24 shares (ASX: HUB) falling 33.95%, and 32.8% respectively to multi-year lows, whilst AMP shares (ASX: AMP) have added 31.69% to 8 year highs before recent consolidation. UBS has taken a view on the three, upgrading the…
Maas Group Shares Give Back YTD Gains In One Day: What Happened?
Maas Group Holdings shares (ASX: MGH) were pummelled today, falling back 22.38% to close at A$4.96 after reports that the planned A$7.2 billion float of AI data centre developer Firmus may be repriced or restructured. Price Targets The sell-off was sharp, and could in fact have been even worse. MGH opened at A$4.47, a gap-down…
What Is Happening With The Firmus IPO?
What was shaping up to be the most consequential Australian IPO in nearly three decades looks to have hit something of a wall, with institutional markets emphatically rejecting the A$11.00 offer price that underpinned Firmus Technologies’ float, forcing underwriters to look for a deal that can actually get done. The fallout from the Firmus repricing…
CrowdStrike Snaps 7 Session Rally, As Shares Pull Back From Highs
CrowdStrike shares (CRWD) have pulled back from highs this week, down 4.81% in yesterday’s US session to $265.44, giving back a small slice of a run that leaves holders with gains of 134% YTD, and 26.4% over the past month alone. The move looks like some profit-taking around all time highs, against what started out…
Is A$55 The New A$70 For Xero Shares?
Xero shares (ASX:XRO) have put holders through the ringer this year, down 48.5% since the turn of 2026, and 62.67% lower over the past 12 months. That kind of move is difficult to stomach for most, but for those that have stuck around through lost support at A$120, A$90, and most recently A$70, this past…
ASX Ltd Shares Lead The XJO Today: Here’s Why
ASX Ltd shares (ASX:ASX) added 3.84% to close at A$60.59, the best performer on the ASX for the day. The move was supported by a bullish broker note, on top of an improving regulatory setup, carrying the ASX share price through the A$60 resistance level that has capped earlier attempts higher. Boosting sentiment on the…
Bannerman Energy Shares Bounce: What Is Driving The Move?
Bannerman Energy shares (ASX:BMN) gave holders a a sharp relief rally on Wednesday, bouncing 8.58% to close at A$3.67 after a bruising two-week sell-off. The move was sector sympathy, as a landmark nuclear power agreement between Google and Constellation Energy breathed fresh life into the broader uranium sector. The rebound came at a critical moment…
CSL Shares Back Above A$180, As Buyers Step In
CSL shares (ASX: CSL) reclaimed the A$180 mark on Wednesday, closing at A$181.99 after a 1.85% gain that bulls will be looking to build on, and break out of the consolidation phase. After spending the first four trading sessions of October below A$180, CSL shares put up a solid recovery, adding A$3.31 to close at…
