The weekend is nearly here and the All Ordinaries Index (ASX: XAO) is rejoicing, rising 0.33% at the time of writing.
Itâs being helped along by three All Ords shares that have each gained 10% or more today.
What news might have put the wind beneath their wings? Letâs take a look.
3 All Ords shares leaping more than 10% today
The Weebit Nano Ltd (ASX: WBT) share price is back with a bang. The All Ords share surged 13% to a 52-week high of $5.64 today after returning to trade shortly before the market closed on Thursday.
The stock was halted last week as the company sought court orders in relation to an administrative error.
However, it hasnât managed to hold onto all of todayâs gains. Right now, shares in Weebit Nano are swapping hands for $5.52 â 10.4% higher than its previous close.
Joining its ASX All Ords peer in posting a notable surge today is the Janus Henderson Group CDI (ASX: JHG) share price.
It peaked at $41.92 â marking a 14.1% gain. Though, it has since slipped to trade at $41.70, 13.50% higher than it closed yesterdayâs session.
Its rise comes on the back of the companyâs quarterly earnings. Thatâs despite its diluted earnings per share (EPS) falling 39% to US$2.60 the year ended 31 December 2022.
Meanwhile, its assets under management (AUM) slipped 34% to US$287.3 billion over the year, but increased 5% quarter-on-quarter.
Finally, the Pinnacle Investment Management Group Ltd (ASX: PNI) share price shot 12% higher to $10.53 earlier today. The ASX All Ords share is currently up 10.22%, trading at $10.35.
It follows yesterdayâs disastrous session, which saw the stock dump 2.7% on the back of the companyâs half-year earnings.
Its net profit after tax (NPAT) slumped 24% over the six months ended 31 December, coming in at $30.5 million. Â Meanwhile, its dividend was slashed to 15.6 cents per share â an 11% decrease.
It’s possible market watchers took yesterday’s slump as a buying opportunity, perhaps helping bump the stock higher today.
The post 3 ASX All Ords shares rocketing 10% or more today appeared first on The Motley Fool Australia.
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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool Australia has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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