The S&P/ASX 200 Index (ASX: XJO) posted a slight gain on Thursday, lifting 0.05% to close at 7,255.4 points.

It comes on the back of a strong session for the S&P/ASX 200 Materials Index (ASX: XMJ), which rose 2.9%.

It was helped along by shares in the market’s biggest company BHP Group Ltd (ASX: BHP) which had their best day in months, gaining 4% to close at $48.05.

Higher gold and iron ore prices also likely helped the sector. Gold futures price added 0.5% overnight to reach US$1,845.40 an ounce while iron ore futures lifted 0.8% to US$126.80 a tonne.

The S&P/ASX 200 Energy Index (ASX: XEJ) also outperformed, increasing 1.4% after oil prices gained 1% overnight.  

On the other hand, the S&P/ASX 200 Financials Index (ASX: XFJ) fell 1.9%, with the big four banks coming in among its losers.

But which ASX 200 share came out on top of all others on Thursday? Let’s take a look.

Top 10 ASX 200 shares countdown

Today’s top-performing stock was none other than mining giant South32 Ltd (ASX: S32). It rose 5.15% to close at $4.70.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
South32 Ltd (ASX: S32)	$4.70	5.15%
Nickel Industries Ltd (ASX: NIC)	$1.035	5.08%
Mineral Resources Ltd (ASX: MIN)	$90.03	4.69%
New Hope Corporation Limited (ASX: NHC)	$5.69	4.4%
Sandfire Resources Ltd (ASX: SFR)	$6.08	4.29%
Fortescue Metals Group Limited (ASX: FMG)	$23.06	4.25%
Star Entertainment Group Ltd (ASX: SGR)	$1.50	4.17%
Whitehaven Coal Ltd (ASX: WHC)	$7.52	4.16%
Rio Tinto Ltd (ASX: RIO)	$124.44	4.02%
BHP Group Ltd (ASX: BHP)	$48.05	3.96%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

• BHP share price on track for biggest daily gain in almost four months
• Here are the 3 most heavily traded ASX 200 shares on Thursday
• ASX shares declared a record $98b of dividends last year. Do you own the market’s biggest payer?
• ‘Now your total return in stock markets is going to come much more from dividends’: Wall Street fundie
• Why BHP, Dicker Data, South32, and Winsome Resources are pushing higher

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 no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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In afternoon trade, the Domino’s Pizza Enterprises Ltd (ASX: DMP) share price is edging higher despite some negative news.

At the time of writing, the pizza chain operator’s shares are up 0.5% to $49.19.

Domino’s share price higher despite insider selling

The Domino’s share price is rising today despite the company revealing that its CEO, Dom Meij, has made a major share sale.

According to the release, Meij sold 150,000 Domino’s shares via an on-market trade on 23 February.

The Domino’s boss received an average of approximately $55.35 per share, which is 12.5% higher than the current share price, and represents a total consideration of $8.3 million.

It is worth noting that Mr Meij still has a considerable holding, so his interests remain firmly aligned with shareholders. Following the sales, the CEO holds a total of 1,667,969 Domino’s shares.

Why did the Domino’s boss sell shares?

Domino’s has provided an explanation for the sales. It revealed that the funds from these share sales will be used to take a prudent approach to reduce Mr Meij’s personal borrowings in a period of rising interest rates.

The company also stressed that Meij is committed to the company. It highlights that he recently signed a five-year employment contract and Brisbane remains his principal place of residence.

Mr Meij also commented on the share sales. He said:

I appreciate there is no ideal time to sell any shares, but my long-term track record shows my alignment with the future of our business and interests of shareholders and franchisees. I’m looking forward to our team delivering an improved performance this Half, and on our long term goals, and I will be leading that effort.

The post The Domino’s boss just sold off $8 million worth of company shares. Here’s the lowdown appeared first on The Motley Fool Australia.

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• These ASX 200 shares were crushed in February
• Domino’s share price lifts despite no dividend dough for new investors
• Dividend investors: 2 ASX 200 shares for decades of passive income
• Is the Domino’s share price now at bargain-buy levels?
• Why CBA, Coronado Global, Domino’s, and St Barbara shares are dropping today

Motley Fool contributor James Mickleboro has positions in Domino’s Pizza Enterprises. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises. The Motley Fool Australia has recommended Domino’s Pizza Enterprises. 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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The BHP Group Ltd (ASX: BHP) share price is enjoying its best day in almost four months, up 3.87% to $48.01 at the time of writing.

A bump to the iron ore price overnight, largely driven by China’s ongoing economic reopening, is likely behind the gain today. The iron ore price went up by 1.59% to US$128 per tonne.

In addition, the price of hot-rolled steel (HRC) has skyrocketed in the past week by almost 20%. According to Trading Economics, it’s up by 50% over the past month to US$1,193 per tonne.

China is the world’s biggest steel producer and iron ore is used to make steel.

What else is pushing the BHP share price higher?

The Caixin China General Manufacturing PMI, which stands for ‘purchasing managers’ index’, increased from 49.2 in January to 51.6 in February 2023. This was above the market consensus expectations of 50.2.

A PMI of 50 is the middle point between expanding factory activity and contracting activity. This is the first increase in factory activity since July 2022 and reflects the end of China’s zero-COVID policy.

Many other PMI metrics indicate the Chinese economy is rapidly resuming activity.

Biggest one-day gain since November

Today’s gain for the BHP share price is the largest since Monday 14 November when it went up by 4.56%.

That spike was also due to a lift in the iron ore price by 4.47%. In addition, there was news out of China regarding a rescue plan for its faltering property sector, including extending developer’s loans to help their liquidity.

The day before, Australian Prime Minister Anthony Albanese talked to Chinese Premier Li Keqiang in another sign of thawing relations between Australia and China.

The post BHP share price on track for biggest daily gain in almost four months appeared first on The Motley Fool Australia.

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More reading

• ASX shares declared a record $98b of dividends last year. Do you own the market’s biggest payer?
• Why BHP, Dicker Data, South32, and Winsome Resources are pushing higher
• Should I buy BHP shares at $46?
• Why did the BHP share price tumble 9% in February?
• Own BHP shares? Here’s how the ASX 200 miner is cutting emissions

Motley Fool contributor Bronwyn Allen has positions in BHP Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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If you’re looking for a passive income then exchange traded funds (ETFs) could be used to achieve this goal.

For example, the two ASX-listed ETFs named below could be top candidates as they have been designed to provide investors with above-average dividend yields.

Here’s what you need to know about them:

BetaShares S&P 500 Yield Maximiser (ASX: UMAX)

The first ETF for income investors to look at is the BetaShares S&P 500 Yield Maximiser.

It aims to provide income investors with attractive quarterly income and low volatility via an equity income investment strategy over a portfolio of shares comprising the S&P 500 Index on Wall Street.

Among the shares listed on the S&P 500 index are dividend-paying giants such as Apple, Bank of America, Exxon Mobil, Home Depot, and Walmart.

However, true to its name, this clever strategy allows the ETF to maximise the yields on offer with the stocks to create a yield that is greater than you would normally receive from the index.

For example, at present, the BetaShares S&P 500 Yield Maximiser’s units were offering investors a 7.9% distribution yield.

Based on the above, a $100,000 investment in this ETF would generate $7,900 of passive income.

Vanguard Australian Shares High Yield ETF (ASX: VHY)

Another ETF that could give you a passive income boost is the Vanguard Australian Shares High Yield ETF.

This ETF provides investors with exposure to a diverse group of ASX shares that have higher forecast dividend yields relative to the rest of the market.

At present there are 74 ASX shares included in the portfolio. These include giants such as BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA), Rio Tinto Ltd (ASX: RIO), Telstra Corporation Ltd (ASX: TLS), and Wesfarmers Ltd (ASX: WES).

The Vanguard Australian Shares High Yield ETF currently trades with an estimated forward dividend yield of 5.6%.

This means that a $100,000 investment could generate $5,600 of passive income for investors.

The post These ETFs could give ASX investors a passive income appeared first on The Motley Fool Australia.

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• Buy these ETFs for passive income and growth
• Is the Vanguard Australian Shares High Yield ETF (VHY) a good buy for passive income?
• Growth and income: 2 excellent ETFs for ASX investors to buy this month
• Buy these ASX ETFs for retirement income

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended BetaShares S&P500 Yield Maximiser, Telstra Corporation Limited, and Wesfarmers Limited. The Motley Fool Australia has recommended Vanguard Australian Shares High Yield Etf. 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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It was a good day on the share market so far this Thursday… until it wasn’t. After falls on both Monday and yesterday, the S&P/ASX 200 Index (ASX: XJO) has been back in the green for most of the day but has sunk back into red territory as it currently stands, if only just.

At the time of writing, the ASX 200 has lost an anaemic 0.01%, putting the index at just over 7,250 points.

Let’s hope it gets back to the gains. But in the meantime, let’s now dig deeper into the market’s tentative gains by taking a look at the ASX 200 shares that are at the peak of the share market’s trading volume charts at present, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

AMP Ltd (ASX: AMP)

Our first share worth a gander at today is the ASX 200 financial services stalwart AMP. So far this Thursday, a notable 19.51 million AMP shares have charged across the ASX boards. There’s been little news out from the company so far today though, save for a share buyback notice.

This could in itself be driving trading volumes. But AMP’s share price performance is probably contributing to these high volumes as well. AMP has had a cracking day so far, rising by a healthy 1.14% at present to $1.07 a share. That comes after AMP shot up as high as $1.10 a share this morning.

Sayona Mining Ltd (ASX: SYA)

Next, we have ASX 200 lithium stock Sayona Mining. So far this session, a sizeable 22.03 million Sayona shares have swapped hands. There’s been no news out of Sayona at all as of yet. So again, let’s look at this lithium stock’s share price for an explanation.

And Sayona has indeed seen a fair bit of volatility. Right now, this share is down a nasty 2.1% at 24 cents each. But Sayona has bounced between 23 cents and 24 cents all day. That might not sound like much, but it’s worth a move of more than 4%. This is what seems to be driving volumes here.

Pilbara Minerals Ltd (ASX: PLS)

Last but certainly not least in terms of trading volume this Thursday, we have another ASX 200 lithium share in Pilbara Minerals. Pilbara has seen an unusually large 193 million of its shares fly around the ASX so far today.

Pilbara has traded ex-dividend today, which explains why its shares are presently deep in the red. But this volume is also possibly the result of rumours of a major sale of Pilbara shares from a large investor. It’s not too often you see a $4 share with close to 200 million shares trade in one day.

The post Here are the 3 most heavily traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia.

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More reading

• ‘Now your total return in stock markets is going to come much more from dividends’: Wall Street fundie
• Why Brainchip, Coles, Karoon Energy, and Pilbara Minerals shares are tumbling
• Someone in China has just sold $600 million of Pilbara Minerals shares. Here’s what we know
• Why is the Woolworths share price sliding lower today?
• Why is the Pilbara Minerals share price falling in a hole Thursday morning?

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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The AGL Energy Limited (ASX: AGL) share price was a poor performer in February.

Over the period, the energy company’s shares sank almost 10%.

What happened to the AGL share price?

Investors were quick to hit the sell button last month after AGL released its half-year results.

For the six months ended 31 December, AGL reported underlying net profit after tax of $87 million, which was a 55% decline on the prior corresponding period.

On a statutory basis, things were even worse. AGL reported a statutory loss after tax of $1.1 billion. This figure includes $706 million of impairment charges from the company’s accelerated decarbonisation plans.

This poor half unsurprisingly led to AGL slashing its dividend by half to just 8 cents per share.

What’s next?

One leading broker isn’t confident that the AGL share price will rebound in March.

According to a note out of Morgans, its analysts believe investors should wait for a better entry point. In response to its results, the broker said:

Underlying net profit was down 55% on pcp, 60% on our forecast and 45% on Visible Alpha consensus. The key driver was a net $123m impact on the wholesale trading business from the tight winter conditions earlier in the half. This also drove a big miss on DPS with an interim dividend of only 8cps.

We anticipate increasing dividends as earnings begin to recover in the next 12 months however we think the market will want to see clear evidence of this before it regains confidence in the company and the sector.

Morgans has a hold rating and $6.89 price target on its shares. This compares to the latest AGL share price of $6.85.

The post The AGL share price sank 10% in February. What’s next? appeared first on The Motley Fool Australia.

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• Don’t be deceived by ASX dividends
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• 6 asset-rich ASX 200 shares to buy for their takeover potential: expert
• Here’s why the AGL share price is dipping on Wednesday
• Hoping to bag the next AGL dividend? You’d better be quick

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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The All Ordinaries Index (ASX: XAO) is down 5% over the past month.

But you can’t point the finger at this ASX All Ords share.

The Weebit Nano Ltd (ASX: WBT) share price has been on a tear over the last month, up 59%.

In earlier trading today, shares in the memory and semiconductor technology company were up 5%, marking a fresh multi-year high.

In fact, you’d have to go back to 2012 to find the All Ords share trading at a higher valuation.

The Weebit Nano share price has slid in intraday trading since notching that new milestone. Shares are currently down 3.8%, changing hands for $7.86 apiece.

At the current share price, the company has a market cap of $1.4 billion.

What’s piquing investor interest in the ASX All Ords share?

A lot has gone right for Weebit this month.

On Monday, 27 February, the ASX All Ords share reported on its United States roadshow presentation. The company profiled its embedded resistive random-access memory (ReRAM) – next-generation non-volatile memory (NVM) technology.

(Quite a mouthful, I know!)

Noting that geopolitics is driving countries to invest tens of billions of dollars locally into developing their own semiconductors, Weebit highlighted that memory comprises more than a third of the spending.

The ASX All Ords share closed up 10.3% on the day.

And February commenced well for Weebit.

Its shares were placed in a trading halt on 27 January following an administrative error. But Weebit returned to the ASX boards after seeking court orders from the Supreme Court of New South Wales.

The stock closed 5.5% higher on the day.

Weebit Nano share price snapshot

As you can see in the chart below, the Weebit Nano share price is up an eye-popping 141% so far in 2023.

Over the past 12 months, the ASX All Ords share has gained 182%.

The post Up 59% in a month, guess which ASX All Ords share just hit another multi-year high appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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It’s no secret that inflation has been one of investors’ primary concerns on the ASX share market over the past year or two. After lying dormant for more than a decade, inflation rates around the world took off during 2022. This inflation, along with the rising interest rates that it has prompted, has caused many investors to recalibrate their investing strategies. But what does Warren Buffett think about investing in 2023?

Warren Buffett is one of the greatest investors of all time. His truly astonishing near-60-year career as the CEO and chair of Berkshire Hathaway Inc (NYSE: BRK.A)(NYSE: BRK.B) has resulted in the shareholders of Berkshire enjoying astronomical share price returns.

As our chief investment officer Scott Phillips covered earlier his week, Buffett has managed to engineer an average gain for Berkshire shareholders of 19.8% per annum over the past 58 years. In cumulative terms, that works out to be a gain of 3,787,464%.

So this is a man who knows how to navigate all forms of economic weather. And has become eye-watering rich in the process.

But what can Buffett teach us about how to invest in 2023?

Buffett’s advice to investors in 2023

Well, he has just released his latest letter to the shareholders of Berkshire Hathaway – a great place to start. Every year, Buffett pens an expansive letter to his fellow shareholders. This is typically jam-packed with insightful commentary on the investing world. As well as wisdom on how to think and invest prudently.

In his latest letter, Buffett said this on worrying about economic forecasts:

Charlie [Munger] and I… firmly believe that near-term economic and market forecasts are worse than useless. Worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur.

So focus on the big picture, Buffett is saying between the lines.

But how does one invest going forward into 2023? Well, here’s some more Buffett wisdom on navigating an uncertain future:

In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck…

Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire.

The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.

Buffett points out that when he bought US$1.3 billion worth of Coca-Cola Company (NYSE: KO) shares in 1994, Berkshire received US$75 million worth of dividend payments. By 2022, the annual income stream from these Coke shares had increased to US$704 million.

As Buffett would put it, this ‘flower’ has been able to ratchet up its dividends significantly. That’s despite the Asian financial crisis, the dot-com bust, the global financial crisis, the pandemic, and now high inflation and rising rates.

Thus, Buffett is saying that if you find real top-tier shares, you won’t have to worry about inflation, or anything else.

The post Forget inflation! Warren Buffett urges investors to focus on the big picture appeared first on The Motley Fool Australia.

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• Beginner investor? Warren Buffett says start early!
• How to generate passive income the Warren Buffett way with ASX shares
• I’m listening to Warren Buffett and buying ASX shares at deep discounts
• Will the stock market crash in 2023?
• Invest like Warren Buffett with these ASX shares

Motley Fool contributor Sebastian Bowen has positions in Berkshire Hathaway. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Berkshire Hathaway. The Motley Fool Australia has recommended Berkshire Hathaway. 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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The Lynas Rare Earths Ltd (ASX: LYC) share price has been a poor performer on Thursday.

In afternoon trade, the rare earths producer’s shares are down over 5% to $7.95.

What’s going on with the Lynas share price?

Investors have been hitting the sell button today despite there being no news out of the company.

However, it is worth noting that a large number of battery and critical minerals shares are under the pump on Thursday.

This appears to have been driven by the Tesla investor day event, which seems to have disappointed the market.

It’s possible that investors were hoping that Tesla would increase its target of producing 20 million electric vehicles per year by 2030. However, these targets were reiterated by executives according to CNBC.

Should you buy the dip?

According to a note out of Bell Potter from earlier this week, it appears to believe that investors should sit tight and wait for a better entry point. Particularly after its half-year results fell short of expectations.

Commenting on the results, it said:

LYC reported its 1HFY23 earnings today, Revenue of A$370m was 6% lower than our estimates (BPe $391m). Costs of goods sold ex-depreciation (COGS) were $185m vs BPe $158m, increasing 62% higher vs 1HFY22a. Ebitda was therefore 10% lower than we forecast, at $189m vs BPe $209m and in-line with 1HFY22a.

As a result, Bell Potter has retained its neutral rating with a $8.15 price target. This implies minimal upside from where its shares are currently trading.

The post Why is the Lynas share price being thumped on Thursday? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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The Novonix Ltd (ASX: NVX) share price has found itself on the back foot today. Today’s move comes amid a handful of recent developments that could be acting as an anchor on investor sentiment.

As we head into the afternoon, shares in the battery technology company are down 6.3% to $1.49. This negative turn places Novonix’s shares marginally above the 52-week low of $1.39. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is only a touch lower than yesterday.

Let’s wade through what could be invoking the woeful performance today.

Pressure on to scale faster or lose tech moat

Tesla held its 2023 Investor Day this morning, providing insights into how the electric vehicle (EV) maker plans to procure the materials necessary to deliver on its ambitious goal of selling 20 million vehicles by 2030.

In the eyes of many, the shift to an electrified future has manifested concerns about a shortfall in the supply of lithium and other green metals. Yet, in Tesla’s presentation, it was suggested there are ample estimated resources to meet the accumulative demand through to 2050, as pictured below.

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk discussed the real crux of material constraints for the company, stating:

There also seems to be quite a bit of confusion about lithium — lithium is extremely common. It’s one of the most common elements on Earth. There’s no country that has a monopoly on lithium, or even close to it. There’s enough lithium ore in the United States to electrify all of Earth. If the United States was the only place producing lithium, there’s enough domestic material to electrify Earth.

The limiting factor is the refining of the lithium into battery-grade lithium hydroxide or lithium carbonate. That’s the actual limiting factor.

However, Novonix isn’t exactly a ‘lithium share‘, as the company seeks to produce cathodes and anodes from synthetic graphite for use in lithium-ion batteries. Though, this area of the battery supply chain was also discussed during the presentation.

Musk discussed how Tesla is in the process of building its own cathode refining facility, stating:

We are obviously building a cathode processing facility just adjacent to this building […] that’s for cathode refining. We’d really prefer it if others did that. We’re doing it because we have to, not because we want to.

Furthermore, senior vice president of powertrain and energy engineering, Don Baglino, added:

There just really isn’t any large-scale cathode production in the United States and it needed to be done.

This may highlight that Novonix is dragging its feet when it comes to spinning up production at scale. Adding to the issue, Baglino said they would share any process improvements with their supply partners.

Perhaps Novonix shareholders are concerned that Tesla could discover advancements that would minimise the company’s competitive advantage.

What else is hitting the Novonix share price?

Novonix released its results for the six months ending 31 December 2022 on Tuesday. The statements showed a continued lack of meaningful revenues, at US$2.7 million for the period. For context, the company brought in US$6.1 million for the 12 months ending 30 June 2022.

The ASX-listed company also reported a US$27.86 million loss. That means Novonix’s cash balance was widdled away even further during the half.

Following the result, Morgans moved Novonix shares to a hold with a $1.44 price target.

The post Why is the Novonix share price tumbling 6% today? appeared first on The Motley Fool Australia.

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Motley Fool contributor Mitchell Lawler has positions in Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Tesla. The Motley Fool Australia has no position in any of the stocks mentioned. 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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