Chanticleer
This one theme is lighting up some stocks, and killing others
Why are shares in Altium, Megaport and Hub24 surging but Kogan.com, Perenti and Data#3 slumping? Tuesday’s answer is that investors just want growth.
Updated
It is crowded out there in results land, but there is one sure way to stand out: growth.
While fund managers were being pulled in all directions on Tuesday – the small-caps desk at UBS, for example, flagged 27 company results calls on its radar, mostly due to start at 10am or 11am – the thing that was moving markets was growth.
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