Thu, January 16, 2025
Wed, January 15, 2025
Tue, January 14, 2025
Mon, January 13, 2025
Sun, January 12, 2025
Sat, January 11, 2025
Fri, January 10, 2025
Thu, January 9, 2025
[ Thu, Jan 09th ] - Kiplinger
The Best Bank ETFs to Buy
Wed, January 8, 2025
Tue, January 7, 2025
Mon, January 6, 2025
Sun, January 5, 2025
Sat, January 4, 2025
Fri, January 3, 2025
[ Fri, Jan 03rd ] - MSN
3 Vanguard ETFs to Buy in 2025
[ Fri, Jan 03rd ] - MSN
How Money Can Make More Money
Thu, January 2, 2025

Why Appen, Brainchip, GQG, and Star shares are tumbling today


//stocks-investing.news-articles.net/content/202 .. chip-gqg-and-star-shares-are-tumbling-today.html
Published in Stocks and Investing on by MSN   Print publication without navigation

These shares are having a poor finish to the week. But why? The post Why Appen, Brainchip, GQG, and Star shares are tumbling today appeared first on The Motley Fool Australia.

The article from MSN discusses the significant drops in share prices for several ASX-listed companies on a particular trading day. Appen, a data solutions company, saw its shares plummet by 20% after announcing a $60 million equity raise to bolster its balance sheet, which was met with investor skepticism. BrainChip, an AI technology firm, experienced a 10% decline in its share price following a capital raise announcement, despite reporting a 50% revenue increase. GQG Partners, an investment management firm, saw its shares drop by 10% after revealing a 20% decrease in its funds under management, largely due to market volatility affecting client withdrawals. Lastly, Star Entertainment Group's shares fell by 10% after the company disclosed a $1.6 billion loss for the first half of the fiscal year, attributed to regulatory issues and fines in New South Wales and Queensland. These movements reflect broader market reactions to company-specific financial strategies and performance issues.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/why-appen-brainchip-gqg-and-star-shares-are-tumbling-today/ar-BB1rbTGZ ]

Publication Contributing Sources