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Can Audinate withstand its stock smashing?

Audinate shares have fallen 12 per cent as investors digest just how severely the global chip shortage will affect one of the ASX’s secret darlings.

Jessica Sier
Jessica SierNorth Asia correspondent

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Audio networking company Audinate has suffered a savage sell-off in the last month as investors digest just how severely the global chip shortage will affect one of the ASX’s secret darlings, just when demand for its products is at a record high.

The Sydney-based tech stock has been a potent ace in the back pocket of small-cap investors for some time.

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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com

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    Original URL: https://www.afr.com/technology/can-audinate-withstand-its-stock-smashing-20211024-p592nm