In the afternoon, the S & P / ASX 200 index is on course to finish the day in red. At the time of writing, the benchmark index fell by 0.55% to 6.324.4 points. Four actions that fall more than most of today are listed below. That's why they dropped: the price of LiveTiles Ltd shares (ASX: LVT) fell 9% to 52 cents after the company revealed that its chief financial officer, Matt Brown, had resigned. Mr Brown will continue to work closely with the co-founders and the board of directors as a consultant, focusing on strategic initiatives to accelerate the …
In the afternoon, trade S & P / ASX 200 Index is in progress to finish the day in red. At the time of writing, the benchmark index fell by 0.55% to 6.324.4 points.
Four actions that fall more than most of today are listed below. That's why they sank lower:
The LiveTiles Ltd (ASX: LVT) The share price fell 9% to 52 cents after the company revealed that its chief financial officer, Matt Brown, resigned. Brown will continue to work closely with the co-founders and the board of directors as a consultant, focusing on strategic initiatives to accelerate LiveTiles global growth. However, he decided to withdraw from the LiveTiles card with immediate effect. Rowan Wilkieas has been appointed as the new financial director.
The Redbubble Ltd (ASX: RBL) The share price fell 14% to 95 cents after the e-commerce company released an update of the investor. Although Redbubble recorded another quarter of strong revenue growth, he warned that the headwinds of organic research continued to influence his business. The management is working hard to solve the problem, but some investors do not seem confident that it will be a quick solution.
The Resolute Mining Limited (ASX: RSG) The stock price has fallen 5% down to $ 1.13 following the release of the third quarter gold update. During the March quarter the company recorded a gold production of 98,105 ounces at an AISC of A $ 1,039 ounce. He also maintained his leadership for the entire 300-kilo year at the AISC of A $ 1,280 per ounce. It seems that some investors expected an update to his guide.
The Volpara Health Technologies Ltd (ASX: VHT) the share price fell 4% to $ 1.86. This morning the health technology company released its latest quarterly update and provided its guidelines for the fiscal year 2020. According to the publication, Volpara points to an annual growth of recurring revenues of between 50% and l # 39; 80% and a 10% share of the US market. This could be lighter than some investors expected.
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James Mickleboro has no position in any of the stocks mentioned. Motley Fool Holdings Inc., parent company parent company in Australia, owns shares in VOLPARA FPO NZ. Motley Fool Australia owns shares and recommended FPO REDBUBBLE. The Motley Fool Australia has recommended VOLPARA FPO NZ. We Fools may not all have the same opinions, but we are all convinced that, considering a wide range of insights, we have become better investors. The Motley Fool has a disclosure policy. This article contains only general investment recommendations (with AFSL 400691). Authorized by Scott Phillips.
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