Mon, February 10, 2025
Sun, February 9, 2025
[ Sun, Feb 09th 2025 ]: Yahoo
Stocks Poised for Lower Open
Sat, February 8, 2025
[ Sat, Feb 08th 2025 ]: MSN
Why XRP (Ripple) Plummeted This Week

Why CAR Group, Domino's, JB Hi-Fi, and WiseTech shares are dropping today

The article from MSN discusses the reasons behind the recent drop in share prices for several Australian companies. Car Group (ASX: CAR) experienced a decline after reporting a 1% drop in revenue for the first quarter, despite an increase in private seller ad volumes. Domino's Pizza Enterprises (ASX: DMP) saw its shares fall after announcing a 2.8% decrease in same-store sales for the third quarter, attributed to weaker demand in Asia and Europe. JB Hi-Fi (ASX: JBH) shares dropped following a report of a 1.6% decrease in total sales for the first 10 weeks of the financial year, with a notable decline in sales of communications products. Lastly, WiseTech Global (ASX: WTC) shares decreased after the company provided a less optimistic outlook for the full year, despite a 33% increase in revenue for the first half of the fiscal year. These declines reflect broader market concerns about consumer spending and economic conditions.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/why-car-group-domino-s-jb-hi-fi-and-wisetech-shares-are-dropping-today/ar-AA1yIgAM ]