Lithium miner Piedmont Lithium Ltd (ASX: PLL) placed its shares in a trading halt today after announcing a US public offering. At the close of the previous day’s trade, shares in the dual-listed company were selling for $1.055. 

Let’s take a closer look at what Piedmont Lithium announced.

What did the company announce today?

In a statement to the ASX, Piedmont Lithium announced its plan “to conduct a U.S. public offering,” of up to 1.5 million of its American Depository Shares (ADS). 1 ADS will be the equivalent of 100 of its ordinary shares. As mentioned, the company placed shares in a suspension in anticipation of further announcements.

JPMorgan Chase & Co. (NYSE: JPM), Evercore Inc (NYSE: EVR), and Canaccord Genuity Group Inc (TSE: CF) will be joint book-runners and lead underwriters for the offering. As part of the agreement between Piedmont Lithium and the underwriters, each will have a 30-day option to purchase an additional 225,000 at the issue price.

Proceeds from the offering will be used to fund an expansion of Piedmont Lithium projects. These projects include further mineral exploration and investments in Sayona Mining Ltd (ASX: SYA) and its subsidiaries.

Piedmont will make the offering pursuant to the US Securities and Exchange Commission (SEC) regulations.

The company did not declare the price of the ADSs in the statement.

Piedmont Lithium is one of the fastest-growing companies on the ASX

As previously reported, the growth in the Piedmont Lithium share price has been exponential. Significantly, in the space of only 12 months, its share price has grown an astronomical 1,523.08%. Piedmont, in addition to other ASX lithium miners, has been going gangbusters over the past year.

The Piedmont Lithium share price and the lithium commodity price are correlated with each other. According to the website Trading Economics, lithium has a going price of US $85,000.00 a tonne. In other words, its price has risen an incredible 82.8% in the year-to-date alone.

Furthermore, as demand for electric vehicles is set to increase, the price of lithium is expected to continue on its upward trajectory. Lithium is a major component in the manufacture of car batteries.

Piedmont Lithium has a market capitalisation of $1.5 billion.

More reading

• Why the Sayona Mining (ASX:SYA) share price is rocketing 25%
• Victoria to tax electric vehicles? What this could mean for ASX lithium shares
• These are the top performing ASX lithium stocks in 2021 so far
• Why the Piedmont Lithium (ASX:PLL) share price is zooming 9% higher today
• Why Afterpay, Piedmont Lithium, ResApp, & Santos are charging higher

Motley Fool contributor Marc Sidarous 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 Bruce Jackson.

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There are a few ASX retail shares that are delivering strong growth thanks to their online operations and these stocks could be worth looking at.

Online sales are helping some businesses deliver stronger growth in this new operating environment.

COVID-19 has caused some significant difficulties for some areas of the retail world – just look at Vicinity Centres (ASX: VCX) and Scentre Group (ASX: SCG).

These two retail ASX shares could still be worth watching with more growth potentially to come:

Adairs Ltd (ASX: ADH)

Adairs is one of the country’s leaders in the retailing of home furnishings and home decoration products. It operates both Adairs and Mocka and sells quality in-house designed product direct to customers in Australia and New Zealand.

The ASX retail share has benefited from being on the receiving end of households spending more on their houses during these strange COVID-19 times.

In the recent half-year result for the 26 weeks to 27 December 2020, the company managed to achieve record sales and profitability despite 43 Melbourne stores being closed for almost half of the relevant reporting period. It managed to beat its sales and underlying earnings before interest and tax (EBIT) guidance after adjusting for the $6.1 million repayment of the jobkeeper wage subsidy.

Group sales increased by 34.8% to $243 million, but it’s the online sales that particularly impressed. Adairs online sales went up 95.2%, store sales rose 4.6% and, excluding store closures, like for like store sales went up 14.4%. Mocka sales – which are entirely online – rose by 44.4% to $28 million. Total online sales amounted to $90.2 million, which represented 37.1% of group sales. Adairs has really tapped into this new retail environment. 

There was growth of profit margins too from the ASX retail share. Adairs said this was a mix of sourcing, retail pricing initiatives and a strong focus on the reduced level of promotional activity. The number of storewide promotional events was reduced by 29 days during the half.

The gross margin increased 500 basis points, with the underlying Adairs gross margin improving by 690 basis points to 67.8%.

Underlying group earnings before interest and tax (EBIT) went up 166% to $60.2 million and statutory net profit after tax jumped 233.4%. This shows how much these margin initiatives have benefited the business.

In the first seven weeks of the second half of FY21, Adairs saw total sales growth of 25%, with Adairs online sales going up 65.9%. The margins remain elevated.

Morgans rates the Adairs share price as a buy with a price target of $4.50.

City Chic Collective Ltd (ASX: CCX)

City Chic is an ASX retail share that seeks to sell to plus-size women that want clothes, shoes and accessories.

It has been on an acquisition spree in recent years to expand its presence in the northern hemisphere. Avenue in the US and Evans in the UK are two businesses that offer the company access into the two large markets of the US and the UK.

The ASX retail share saw enormous levels of online sales growth – up 42% for the FY21 half-year result. Total sales went up 13.5% to $119 million, with online sales representing 73% of total sales, up from 65% in FY20.

Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) grew 21.8% to $23.3 million, the EBITDA margin improved from 18.2% to 19.6% and statutory net profit rose 24.8% to $13.1 million.

Broker Morgan Stanley rates the City Chic share price as a buy, with a price target of $4.75.

City Chic is planning to leverage the Avenue business in the US by introducing the City Chic brand to leverage the significant traffic. It’s also excited by the Evans business with it thinks is a perfect strategic fit and was a good value acquisition.

More reading

• 2 ASX REITs to grab (and 2 to avoid): fundie
• 2 quality ASX shares to buy for the long-term
• Which ASX shares with ethical values are seeing returns in 2021?
• 3 top ASX shares rated as buys by brokers
• Leading brokers name 3 ASX shares to sell today

Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends ADAIRS FPO. The Motley Fool Australia has recommended ADAIRS FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Cettire Ltd (ASX: CTT) share price is having a fantastic day today. At the time of writing, the Cettire share price is up 8.42% to $1.30. This comes after closing at $1.18 yesterday and opening at $1.27 this morning. It was even better for Cettire shareholders earlier in the day too. Around lunchtime, CTT shares hit an intra-day high of $1.33 a share, which put them up more than 10% on yesterday’s close.

Cettire is a new company on the ASX, having only listed back in December last year. However, it sure has been a winner since then. Cettire only listed at 50 cents a share on 18 December. That means that this company, based on today’s prices, has given investors a 159% return since its IPO, and 164% year to date. Not bad for 3 months’ work.

So who is Cettire? And why is this company rocketing once again today?

Attire at Cettire

According to Cettire, the company is an “online destination exclusively for luxury fashion”. The company sells a wide range of products (over 160,000) from over 1,300 designer labels, including well-known luxury brands like Gucci, Dolce and Gabbana, and Prada. The company stocks both men and women’s clothing, with items ranging from your standard t-shirts, jackets and jeans, to bags, jackets, belts, hats, luggage, and sunglasses.

Cettire has adopted an online-only model, and services Australia and New Zealand as well as other countries like the United States, Canada, Japan, Saud Arabia, Hong Kong, Taiwan, and China, amongst many others.

Why is the Cettire share price moving today?

It’s unclear why Cettire shares are moving so decisively today. There have been no major announcements or official news out of the company since 12 March. That was an announcement from S&P Global that Cettire would be joining the All Ordinaries Index (ASX: XAO) in the March rebalance. Index inclusions often prompt buying pressure, so this could be relevant.

But it’s more likely that today’s moves are a result of momentum. Cettire released its earnings for the first half of the 2021 financial year (1H21) back on 26 February. It’s possible that investors are still piling into this company in the aftermath, given the strength of the numbers Cettire reported.

For 1H21, the company announced that gross revenues had grown 476% from $9.2 million in 1H20 to $52.7 million in 1H21. More than 90% of this revenue came from outside Australia. Active customers also grew by 319% to 67,700, while site visits were up 300% year on year to ~5.8 million.

Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) also grew 300% to$3.6 million. Net profits after tax were also on the up, rising 354% to $2.3 million. Product margins also grew from 35.7% in 1H20 to 38% in 1H21.

Needless to say, it was a very pleasing set of numbers that came out last month. Evidently, the market agrees. Since 26 February, the Cettire share price is up 35.8%.

On its current share price, Cettire has a price-to-earnings (P/E) ratio of 133. That tells us that while the market has rewarded Cettire for its performance so far, it is also clearly expecting this growth to continue. At the time of writing, Cettire shares have a market capitalisation of $491.8 million.

More reading

• 2 ASX retail shares delivering strong growth
• Leading brokers name 3 ASX shares to sell today
• Why the Quickstep (ASX:QHL) share price is sinking 8% today
• Why BrainChip, Crown, Qantas, & Quickstep shares are tumbling lower
• The Fortescue (ASX:FMG) share price is down 20% in March

Motley Fool contributor Sebastian Bowen 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 Bruce Jackson.

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On Monday I looked at three ASX shares that brokers have given buy ratings to this week.

Unfortunately, not all shares are in favour with them right now. Three that have just been given sell ratings are listed below. Here’s why these brokers are bearish on these ASX shares:

A2 Milk Company Ltd (ASX: A2M)

According to a note out of Citi, its analysts have retained their sell rating and $7.15 price target on this infant formula and fresh milk company’s shares. The broker has concerns about rising competition in the key China market following the release of the results of China-based rival Feihe. Citi suspects that domestic producers could win a greater market share in the future. In addition to this, it has concerns that resellers of its infant formula may have to discount products soon as the expiry date of their inventory draws closer. The a2 Milk share price is trading at $8.39 on Tuesday. Incidentally, for the same reasons, Citi has reiterated its sell rating and 35 cents price target on Bubs Australia Ltd (ASX: BUB) shares.

AGL Energy Limited (ASX: AGL)

Analysts at Morgan Stanley have retained their underweight rating and $10.68 price target on this energy company’s shares. According to the note, the broker was pleased to see AGL renegotiate its supply deal with the Portland smelter last week. This removes an element of uncertainty from the equation. However, it is predicting that the new pricing will be below current market pricing, which could weigh on future earnings. The AGL share price is now trading below this price target at $10.54.

Blackmores Limited (ASX: BKL)

Another note out of Citi reveals that its analysts have retained their sell rating and $59.20 price target on this health supplements company’s shares. The broker has been looking at Blackmores’ options in the China market. Citi appears to believe the company should consider a partnership in the country to support it with regulatory and distribution capabilities. However, for the time being, the broker remains bearish. Especially given concerns over increasing competition in Australia, tough trading conditions in the daigou market, and its soft second half guidance. The Blackmores share price is trading notably higher than Citi’s price target at $83.36 today.

More reading

• Why the AGL Energy (ASX:AGL) share price is charging 5% higher
• ASX 200 up 0.4%: Bank shares lower, Xero shares upgraded
• Which ASX 200 shares haven’t recovered from the COVID-19 crash?
• Why the A2 Milk (ASX:A2M) share price is under pressure in 2021
• ASX 200 dips, Sydney Airport falls, AGL rises

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended A2 Milk and Blackmores Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Quickstep Holdings Limited (ASX: QHL) shares are sinking today after the company provided a business update last night. At the time of writing, the Quickstep share price is down 8.45% to 6.5 cents.

Let’s take a closer look and see what the carbon fibre composites manufacturer updated the ASX market with.

Business update

Investors are selling down the Quickstep share price after the company revealed a disappointing update.

According to its release, Quickstep advised it has received notice from Chemring Australia that its tender for the MJU-68B flare housings contract has not been successful. This follows a recent proposal in which Quickstep would supply MJU-68 decoy flares from its custom-built flare housing manufacturing facility during FY21 and FY22.

As a result of the decision, Quickstep has issued a formal protest to both the United States and Australian Departments of Defence. The company stated that it will provide an update to its shareholders if there are any further developments.

Quickstep noted that its FY21 guidance released in its half-year results did not include the proposed supply of MJU-68B flare housings.

Quick take on Quickstep

Founded in 2001, Quickstep is an Australian-based company focused on providing advanced composite materials for important industries. These include aerospace, defence, marine, automotive, and other transportation sectors.

Most notably, the company has an impressive list of clients such as United States behemoths, Northrop Grumman, and Lockheed Martin. In addition, BAE Systems and Boeing are also recognised partners of Quickstep.

Quickstep share price snapshot

The Quickstep share price has moved around 8% higher in the past 12 months but is down roughly 28% year to date. The company’s shares were hit particularly hard during the middle of February, a week before it revealed its half-year scorecard.

Based on current valuation grounds, Quickstep has a market capitalisation of about $47.2 million, with over 716 million shares outstanding.

More reading

• Why BrainChip, Crown, Qantas, & Quickstep shares are tumbling lower

Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends Lockheed Martin. 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 Bruce Jackson.

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In afternoon trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is pushing higher. At the time of writing, the benchmark index is up 0.2% to 6,764.8 points.

Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they are tumbling lower:

Brainchip Holdings Ltd (ASX: BRN)

The BrainChip share price has fallen 4% to 72 cents. This is despite there being no news out of the artificial intelligence services company today. However, it is worth noting that its shares are up 33% in the space of a month, even after today’s decline. As a result, it looks as though profit taking could be weighing on the BrainChip share price today.

Crown Resorts Ltd (ASX: CWN)

The Crown share price is down almost 2% to $11.76. This decline also appears to have been driven by profit taking. With the Crown share price jumping 21% on Monday following a takeover offer, it appears as though some investors are cashing in now. Especially given how close Crown’s shares are trading to the offer of $11.85 cash per share.

Qantas Airways Limited (ASX: QAN)

The Qantas share price has fallen over 2% to $5.21. A number of travel shares have come under pressure today. Investors may be concerned that the terrible floods in New South Wales and South Queensland could impact the Easter holiday period.

Quickstep Holdings Limited (ASX: QHL)

The Quickstep share price has sunk 8.5% to 6.5 cents. This follows the release of an update by the aerospace company after the market close on Monday. According to the release, Quickstep has been informed by Chemring Australia that its recent proposal for the supply of MJU-68B flare housings has not been successful. The company advised that the grounds for this decision are contestable. As a result, Quickstep has initiated a formal protest to the United States and Australian Departments of Defence.

More reading

• Qantas (ASX:QAN) share price dips after dismissed legal defection case
• Motley Fool CIO Scott Phillips talks to SBS News: A takeover in the offing for Crown Resorts (ASX:CWN)
• Is the Crown (ASX:CWN) takeover offer good value for shareholders?
• ASX 200 climbs, Crown soars, Mineral Resources drops
• Why AnteoTech, Crown, Dotz Nano, & Galan Lithium are zooming higher

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Crown Resorts Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Fortescue Metals Group Ltd (ASX: FMG) share price lost more than 20% in value in March. This compares to S&P/ASX Materials (INDEXASX: XMJ) index which is down 8.50% in the last month and flat ASX 200. 

At the time of writing, the Fortescue share price is currently trading at $19.35, up 1%. Let’s take a closer look at what might have caused Fortescue to slide this month. 

Why is the Fortescue share price falling? 

The Fortescue share price went ex-dividend on 1 March. This means that investors who own or purchased Fortescue shares before 1 March will be eligible to receive its next interim dividend payment of $1.470. Based on its closing price before 1 March of $24.10, this would represent a yield of approximately 6.1%. 

A company’s shares typically fall on the ex-dividend date to reflect the dividend being paid. As such, the Fortescue share price fell 6% from $24.11 to $22.68 on March 1. 

Emission cuts in China to threaten iron ore markets 

Analysts are becoming increasingly cautious about the short-medium term performance of iron ore. More recently, the South China Morning Post reported that factories in the city of Tangshan were ordered to “limit or halt production on days when a heavy pollution alert was in place to reduce the overall emissions of air pollutants such as sulfuric dioxide or nitrogen oxide by 50 per cent”. The clampdown in Tangshan is seen as China’s move to tighten environmental regulations over the next few years. 

Analysts at Morgan Stanley believe the emission cuts in Tangshan could mark the beginning of major iron ore headwinds. 

On 18 March, the broker believes there could be significantly lower prices in the second half. This would come as China’s steel production softens on the back of stimulus easing. The People’s Bank of China has already begun to reduce COVID-19 related stimulus with moderating money market liquidity and bond issuance. 

Mixed broker reports 

Morgan Stanley’s maintained a bearish view of iron ore markets on 18 March. This comes with an underweight rating and a $17.45 target price. 

Conversely, Macquarie Group Ltd (ASX: MQG) rated Fortescue shares as outperform with a $25.50 target price on 22 March. The broker expects that the proceeds from its new US$1.5 billion senior unsecured note issue will be used to replay a US$750 million facility due in 2022. It believes the balance will help Fortescue fund Capex for its Iron Bridge project. In addition, maintaining an 80% dividend payout ratio. 

More reading

• How to counter the ASX 200’s Achilles heel
• Time to be bullish or bearish on the Afterpay (ASX:APT) share price?
• An important lesson from today’s Fortescue (ASX:FMG) share price
• ASX 200 climbs, Crown soars, Mineral Resources drops
• Leading brokers name 3 ASX shares to buy today

Motley Fool contributor Kerry Sun has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Qantas Airways Limited (ASX: QAN) share price is slipping today following a failed first round of legal proceedings. The effort to delay the commencement of an ex-executive’s employment at Virgin now looks less likely to succeed.

Although the decision was made by the New South Wales Supreme Court last Friday, publications surrounding the news have begun to arise over the past 24 hours. At the time of writing, the Qantas share price is trading 2.06% lower at $5.22. By comparison, the S&P/ASX 200 Index (ASX: XJO) is up 0.19%.

Jurisdiction falls to Singapore, hitting Qantas share price

As we reported earlier in the month, Qantas decided to take former Jetstar Japan (Qantas subsidiary) executive, Nick Rohrlach, to court.

Qantas reasoned that Mr Rohrlach had access to trade secrets pertaining to its loyalty program following acceptance of his previous position with Qantas.

However, Rohrlach went on to accept the position of chief executive of Virgin’s Velocity program. Hence, Qantas fought for the ex-employee’s start date to be moved from May to September.  

The NSW Supreme Court rejected Qantas’ bid for the case to be heard in Australia, rather than Singapore, where Rohrlach signed a contract with Qantas back in 2015. Qantas argued that a hearing in Singapore would need to be conducted remotely and that the causes of action have no connection to Singapore.

All of these reasons were laid to rest by the court, which stated, “Proceedings have to be conducted remotely… is a matter of mere inconvenience. Remotely conducted proceedings have been the order of the day for more than a year now.” And, “That the causes of action may have no connection with that jurisdiction has little to say as to the appropriateness of enforcing an express submission to jurisdiction.”

It is clear Qantas wanted to avoid the hearing moving to the Singapore jurisdiction, as Mr Rohrlach had applied for anti-suit protection there last month to prevent the extended wait.

Qantas’ next move?

Reportedly, Qantas will appeal the decision with the argument being:

All the parties are in New South Wales, and Mr Rohrlach’s new role is in Sydney, so it doesn’t make much sense to go to Singapore to resolve this. Independent of geography, our argument is simple. Virgin is trying to shortcut the time Mr Rohrlach is required under his contract to wait before accepting a role with a direct competitor.

Qantas was also ordered to reimburse the defendant’s legal costs following the dismissal of the plaintiff’s motion.

The Aussie airline’s market capitalisation is now $10.1 billion, accounting for the move in the Qantas share price today.

More reading

• Why BrainChip, Crown, Qantas, & Quickstep shares are tumbling lower
• Top brokers name 3 ASX shares to buy next week
• End of oil price rally fires warning shot for the ASX COVID recovery trade
• Qantas (ASX:QAN) share price slips on employee payment news
• Revealed: 4 least profitable industries in Australia

Motley Fool contributor Mitchell Lawler 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 Bruce Jackson.

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Scott Phillips joined Ricardo Goncalves on SBS News to provide his thoughts on the mooted takeover of Crown Resorts Ltd (ASX: CWN) by Blackstone, a private equity company.

Below, he chats with Ricardo about the takeover, the price being offered, what it might mean for James Packer’s business interests, and what a private equity owner might want with the company.

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More reading

• Why BrainChip, Crown, Qantas, & Quickstep shares are tumbling lower
• Is the Crown (ASX:CWN) takeover offer good value for shareholders?
• ASX 200 climbs, Crown soars, Mineral Resources drops
• Why AnteoTech, Crown, Dotz Nano, & Galan Lithium are zooming higher
• ASX 200 up 0.35%: Crowns surges, ANZ & CBA settle class actions

Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Crown Resorts Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Lake Resources N.L. (ASX: LKE) share price has been a positive performer on Tuesday.

In morning trade the lithium-focused mineral exploration company’s shares were up as much as 6% to 34.5 cents.

The Lake Resources share price has since dropped back a touch but is still currently up over 2% to 33.2 cents.

Why is the Lake Resources share price rising today?

Investors have been buying Lake Resources shares following the release of an announcement relating to its exploration activities.

According to the release, the company is accelerating the expansion of its Argentinian lithium projects in response to strong market demand.

Management advised that ~50,000 litres of lithium brine samples are to be sent from Lake’s Cauchari Project for testing by groups specialising in direct lithium extraction and the conversion of concentrates to lithium hydroxide.

The company will then undertake a scoping study aiming to expand its future production. After which, Lake Resources is planning to commence pre-feasibility study work at Cauchari later in 2021.

Demand overwhelming supply

Lake Resources’ Managing Director, Steve Promnitz, notes that demand for high purity, sustainably produced product is expected to increase materially and overwhelm current supply.

He said: “The scale of market demand for a high purity, sustainably produced product is set to overwhelm current supply, as evidenced by the moves by automakers such as Volkswagen and others. Lake continues to engage with a range of market participants, including large companies seeking to test Cauchari and other brines using their own extraction processes, including converting concentrates into lithium hydroxides and other products.”

“With a growing supply deficit projected from 2024, Lake sees the need for even greater lithium production and therefore will advance development plans on our other brine projects based on the same production method. Significantly, should we reach our target, Lake would become a globally significant producer with relevant scale and high-quality products, at exactly the right time for the accelerating EV and battery storage revolution,” Mr Promnitz concluded.

The Lake Resources share price is up over 300% in 2021.

More reading

• Victoria to tax electric vehicles? What this could mean for ASX lithium shares
• These are the top performing ASX lithium stocks in 2021 so far
• Why Lake Resources, PainChek, Z Energy, & Zip shares are rising today
• Why the Lake Resources (ASX:LKE) share price is shooting 10% higher today
• Subreddit ASX Bets is gambling these 4 ASX shares will follow in GameStop’s footsteps

Motley Fool contributor James Mickleboro 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 Bruce Jackson.

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