What mattered in markets today?
Kogan was on a tear today, up 8.7% on a trading update. After listing in July last year with an IPO price of $1.80, Kogan has struggled, falling as low as $1.32. The stock is now up ~20% for the year-to-date but remains 11% below the IPO price. Medical device manufacturer, Nanosonics, was the best-performing stock in the ASX200 today, up 6.5% after announcing a 131% jump in half-year sales. On Friday after markets closed, Primary Healthcare (PRY) announced that CEO & MD, Peter Gregg, had resigned, but “will remain in his role enabling the Company to benefit from Mr Gregg’s strategic leadership.” PRY announced to the market earlier last week that Mr Gregg had been served a court attendance notice by ASIC relating to two alleged contraventions of the Corporations Act during his time as an officer of Leighton Holdings. Mr Gregg denies the allegations. PRY was down 2.8%.
What interested me today?
A Collection of all the videos from Livewire’s 2017 Outlook Series: (VIEW LINK)
Roger Montgomery explains why investors consistently underperform the funds they invest in: (VIEW LINK)
Astrophysicist, Ethan Siegel shares 5 scientific myths you probably believe about the Universe: (VIEW LINK)
Barry Ritholtz interviews Brett Steenbarger, clinical psychologist and trading coach on Masters In Business radio: (VIEW LINK)
Announcement by Primary Healthcare: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Patrick is the founder and director of PLP Finance Media, a content production and strategy consulting agency specialising in investment content and communications. He also writes for A Rich Life.
Patrick was a Market Analyst, Editor, Senior Editor, and Managing Editor at Livewire Markets between 2015 and 2022. He was the Content Director and a member of the Investment Strategy & Research Group at Betashares between 2022 and 2024. He is an expert on listed products, commodities, and investment strategy, with a particular interest in gold and uranium,.
1 topic
2 stocks mentioned
Comments
Comments
Sign In or Join Free to comment