At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) is on course to record another solid gain. The benchmark index is currently up 0.5% to 6,778.6 points.

Here’s what has been happening on the market today:

BHP second quarter update

The BHP Group Ltd (ASX: BHP) share price is trading higher following the release of its second quarter and half year production update. BHP reported iron ore production of 62,394kt for the second quarter and 128,434kt for the first half. This represents a 3% and 6% increase, respectively, on the prior corresponding periods. It also reported a 35% improvement in the average realised price of iron ore to US$103.78 a tonne since the end of FY 2020.

PolyNovo increases its European presence

The PolyNovo Ltd (ASX: PNV) share price is shooting higher today after it announced its expansion into Poland and Turkey. According to the release, the medical device company has appointed Hortho Medical Innovations as its exclusive distributor in Poland and Saglik Hiz and its medical sales channel LotuS as its distributor in Turkey. Both distributors have a lot of experience with products and technologies that are similar to PolyNovo’s NovoSorb BTM. It is a dermal scaffold for the regeneration of the skin when lost through extensive surgery or burn.

Ansell update impresses

The Ansell Limited (ASX: ANN) share price is pushing higher today after the release of a trading update. Due to increasing demand because of the COVID-19 pandemic, the safety products company is expecting to report very strong profit growth for the first half of FY 2021. According to the release, Ansell expects its sales to increase over 20% and its earnings per share to grow between 62% to 68% on the prior corresponding period. While management expects a strong second half, it has warned that it is unlikely to be as strong as the first.

Best and worst ASX 200 performers

The best performer on the ASX 200 on Wednesday has been the PolyNovo share price with a 6.5% gain following its European expansion announcement. The worst performer has been the Megaport Ltd (ASX: MP1) share price with a 6% decline. This morning analysts at Morgans held firm with their hold rating but cut the price target on the company’s shares by 12% to $13.27.

More reading

• The latest ASX stocks to be upgraded by brokers to “buy” today
• Why Afterpay, Ansell, MyDeal, & PolyNovo shares are storming higher today
• Why the Ansell (ASX:ANN) share price stormed 5% higher today
• Why the PolyNovo (ASX:PNV) share price is zooming 7% higher today
• BHP (ASX:BHP) share price in focus following first half update

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends MEGAPORT FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of POLYNOVO FPO. The Motley Fool Australia has recommended Ansell Ltd. and MEGAPORT 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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In late morning trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is pushing higher again. The benchmark index is currently up 0.6% to 6,782.2 points.

Four ASX shares that are climbing more than most today are listed below. Here’s why they are storming higher:

Afterpay Ltd (ASX: APT)

The Afterpay share price is up 6% to $141.80 despite there being no new out of the payments company. However, investors have been buying tech shares on Wednesday following a strong night of trade on the tech-focused Nasdaq index. So much so, the S&P/ASX All Technology Index (ASX: XTX) is up 1.8% at the time of writing.

Ansell Limited (ASX: ANN)

The Ansell share price is up over 3% to $36.56. Investors have been buying the safety products company’s shares following the release of a trading update. According to the release, demand for its products has been strong because of COVID-19. As a result, it is expecting its first half earnings per share to grow between 62% to 68% on the prior corresponding period.

Mydeal.ComAu Pty Ltd (ASX: MYD)

The MyDeal share price has risen over 2% to $1.39 following the release of its second quarter and half year update. The ecommerce company revealed that it had a strong finish to the year, with second quarter gross sales increasing 165% on the prior corresponding period to $70.1 million. This led to MyDeal’s first half gross sales increasing 217% over the same period last year to $126.7 million. Strong customer growth and repeat use drove the solid performance.

PolyNovo Ltd (ASX: PNV)

The PolyNovo share price has jumped 6% to $2.63. Investors have been buying the medical device company’s shares after it announced its expansion into Poland and Turkey. The company has appointed Hortho Medical Innovations as its exclusive distributor in Poland and Saglik Hiz and its medical sales channel LotuS as its distributor in Turkey. Both distributors have a lot of experience with similar technologies.

More reading

• Here’s why the MyDeal (ASX:MYD) share price surged 7% higher today
• Why the Ansell (ASX:ANN) share price stormed 5% higher today
• Why the PolyNovo (ASX:PNV) share price is zooming 7% higher today
• One bullish growth signal for the Afterpay (ASX:APT) share price in 2021
• Broker lists the best ASX stocks to own for an up to 30% gain in 2021

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of POLYNOVO FPO. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended Ansell Ltd. 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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Kogan.com Ltd (ASX: KGN) has paid a $310,800 penalty for sending more than 42 million illegal spam emails.

The Australian Communications and Media Authority (ACMA) on Wednesday announced that Kogan had violated the Spam Act by sending out emails that could not be easily unsubscribed.

The company forced recipients to create a Kogan account and password before the marketing emails were stopped.

“The ACMA received complaints from a number of recipients of Kogan’s email expressing their frustration and concern with Kogan’s practices,” ACMA chair Nerida O’Loughlin said.

“Businesses must comply with the unsubscribe requirements in the spam rules. This investigation makes clear that businesses can’t force customers to set a password and login to unsubscribe from receiving commercial messages.”

As well as the fine, the online retailer has agreed to a 3-year court-enforceable undertaking with the ACMA to change its systems and train its staff to not breach spam laws.

O’Loughlin said ACMA warned Kogan multiple times about breaches before starting its investigation.

“We acknowledge that Kogan fully cooperated with the ACMA in our investigation and took actions to update their unsubscribe facilities prior to its completion.”

Kogan’s response

The company put up a blog post in response to the ACMA fine, which downplayed the severity of the breach.

“If you received an email from us, to protect your security you needed to login to your Kogan.com account before unsubscribing,” the post reads.

“The additional security step we implemented is very common among leading global technology companies.”

Kogan stated that the payment of the penalty was not an acknowledgement of guilt.

“While paying this notice does not mean we accept any wrongdoing, we decided to resolve the matter in this way as a matter of expediency, to avoid the cost and uncertainty of litigation.”

Kogan’s 42 million illegal messages massively outnumbers Tyro Payments Ltd (ASX: TYR)’s 150,000 for which it was busted last month. 

In that case, the fintech didn’t even provide an unsubscribe function. Tyro escaped without a financial penalty and agreed to a 2-year court-enforceable undertaking.

Not the first dalliance with the law for Kogan

Kogan now has a history of attracting unwanted attention from authorities.

Just last month, the e-tailer was busted for making false or misleading statements about a end-of-financial-year sale.

The Federal Court found the company jacked up the prices of 621 products immediately prior to a ‘tax time’ sale. Kogan then gave out the code ‘TAXTIME’ for a supposed 10% discount.

“Consumers were not receiving a genuine 10% discount as promised, and this affected high-value products such as Apple MacBooks, cameras and Samsung Galaxy mobile handsets,” said Australian Competition and Consumer Commission chair Rod Sims.

As a slap in the face of customers who thought they secured a bargain, the company then put the standard prices back down after the promotion.

Kogan was penalised $350,000 for that offence. At the time of writing, the Kogan share price is trading down 1,5% at $20.63

More reading

• ASX 200 rises 1.2%
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• Why Bingo, Creso Pharma, Domino’s, & Tyro shares are zooming higher today
• Why the Tyro (ASX:TYR) share price is rocketing 17% higher today
• Risk vs uncertainty: why one is a lot worse

Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Kogan.com ltd and Tyro Payments. The Motley Fool Australia has recommended Kogan.com ltd. 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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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

There’s pressure on Netflix Inc (NASDAQ: NFLX) every time it steps up with its latest financials. The world’s leading premium video-streaming service has been one of the market’s best investments – a 465-bagger since it went public 19 years ago – so every report carries a lot of weight. With new subscriber targets to hit and fresh guidance to offer, it must keep on delivering if it wants to remain a Wall Street darling.

And a delivery is due: Netflix will report its results for the fourth quarter shortly after Tuesday’s market close.

Streaming along

One could argue that expectations aren’t high for Netflix heading into this report. Some publicly traded streaming platforms are hitting new highs, but Netflix stock peaked more than six months ago. It enters this holiday-shortened trading week 13% below last summer’s all-time high. 

Weighing on Netflix is the narrative that the surge in subscriber numbers that occurred in the first half of 2020 largely came from pulling forward the decisions of people who would’ve hopped on the platform later in the year.

After adding 25.9 million global streaming net subscribers through the first six months of 2020, when the coronavirus pandemic made us all homebodies, the company attracted just 2.2 million more in the third quarter. Back in October, management forecast that the company would grow its active paying audience by 6 million accounts in Q4.

In short, Netflix expects to go from padding its numbers by 25.9 million in the first half to just 8.2 million in the second half. 

That’s really nothing to complain about though. Netflix should report that it topped 200 million global streaming paid memberships during the fourth quarter. The challenge at this point is keeping them close. A Business Insider article late last week – leaning on exclusive data – reported that usage among domestic subscribers dipped during the quarter.

The same tracking data showed that usage continues to climb internationally, where Netflix has been drumming up most of its subscriber growth in recent years. North America accounts for just 37% of its audience now.

The quarter should still be solid. Folks aren’t likely to be canceling Netflix while the pandemic continues to rage, especially when it seems to be home to many – if not most – of the trending shows and movies. The real question for investors is what Netflix sees in its crystal ball.

Will its latest price hike – the fifth time that it has boosted the price of its streaming service domestically in the past seven years – sting the way that its 2019 boost did? Netflix also lost rights to The Office this month, a series accounting for nearly a billion hours of streaming on the platform in 2020. Will it suffer defections from folks who subscribed because they are dedicated to revisiting the antics at the fictional Dunder-Mifflin paper company? 

The marketplace is getting crowded with tech giants and media companies hungry for a chunk of Netflix’s audience. It has usually been a mistake to bet against the streamer during earnings season, but not every report has been perfect. Management will need to ease concerns that the rapid rise of newer services is eating into its business. Once again, there’s never a dull quarter when it comes to Netflix. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

More reading

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Rick Munarriz owns shares of Netflix. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Netflix. The Motley Fool Australia has recommended Netflix. 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 Mydeal.ComAu Pty Ltd (ASX: MYD) share price has been a positive performer on Wednesday.

In morning trade the ecommerce company’s shares were up almost 7% to $1.45.

Why is the MyDeal share price charging higher?

Investors have been buying MyDeal shares today following the release of an update on its performance during the second quarter of FY 2021.

According to the release, the company had a strong finish to the year, with second quarter gross sales increasing 165% on the prior corresponding period to $70.1 million.

This led to MyDeal’s first half gross sales increasing 217% over the same period last year to $126.7 million.

At the end of the period, the company had a strong balance sheet with cash on hand of $48.1 million.

What were the drivers of its growth?

MyDeal’s CEO, Sean Senvirtne, revealed that its grow was underpinned by strong customer growth and repeat use by existing customers.

He commented: “We are extremely pleased with the results. The strength in cash receipts during the quarter reflects the continued growth of the business, driven by an increase in active customers to a record 813,764, and transactions from returning customers representing 52.7% of total transaction (up from 49.7% in Q1).”

Mr Senvirtne also advised that the company has been executing on its growth strategy and expects the launch of mobile apps to support its growth in the second half and onwards.

“Since listing, we have been executing on our growth strategy by continuing to invest in our technology, marketing, and private label. Our mobile apps for iOS and Android remain on track for launch in H2 FY21, and we expect this to be a key driver of growth in the future. Our private label product range continues to grow and is expected to more than double in H2 FY21,” he added.

The MyDeal share price is now up 45% from its October listing price of $1.00.

More reading

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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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The CV Check Ltd (ASX: CV1) share price is flat today, despite the release of its Q2 FY21 scorecard.

In early morning trade, the online integrated screening and verification company’s shares are unchanged at 17 cents.

How did CV Check perform for Q2 FY21?

According to this morning’s release, CV Check advised it booked a robust result over the 3 month term.

For the period ending 31 December, the company reported record revenue of $3.5 million, with $2.7 million coming from B2B, and $800,000 from B2C. The overall sales achieved represented a 12% increase on the prior corresponding period. Underpinned by strong sales during the Christmas period, total website usage and new account sign ups continued to grow.

The surge in quarterly revenue contributed to CV Check reaching new milestone records for its half year and 12 month calendar performance. The company stated H1 FY21 realised $7 million in sales, with $10.2 million in annual recurring revenue (ARR) for the 12 months.

CV Check registered a healthy cash balance of $5.2 million and no external debt for the end of the period.

New notable customers

Complimenting the sound result, CV Check added new customers to its mix over the quarter. These included several large well-known brands such as AECOM (NYSE: ACM), Korn Ferry (NYSE: KFY), Netforce Global LLC, Pfizer (NYSE: PFE), Woolworths Group Ltd (ASX: WOW), and others.

Platform integration rises strongly

CV Check revealed that its platform integration strategy is tracking along nicely. Revenue booked through this channel jumped 87% when comparing to this time last year. The recent successful integration with TechnologyOne Ltd (ASX: TNE) is slated for customer launch sometime in the current quarter.

The company highlighted that assimilating with providers of other HR information and applicant tracking systems will expand its addressable market.

Management commentary

CV1 CEO, Mr Rod Sherwood, welcomed the positive results, saying:

CV1 revenues surged in Q2 to set all-time company records for a quarter, for a half-year and for the booked 12 month ARR. All channels performed strongly: direct sales, revenues booked through integration partners and the nascent international white label channel where our first marquee client Netforce Global LLC already features among our group wide top 30 customers for the quarter.

Looking forward, there are promising signs in both internal and external backdrops. Internally, new client wins have been strong during recent months, resulting in an ongoing pipeline of customer onboarding.

… The external backdrop is also positive with the ANZ job ads series for December coming in stronger than that of February 2020 and consumer purchasing strengthening amid continuing COVID-related government support for the economy and widespread optimism about planned vaccine roll outs domestically and internationally.

More reading

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• Insiders have been buying Appen (ASX:APX) and ASX share
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• Why the Pure Foods (ASX:PFT) share price popped today
• Why the CV Check (ASX:CV1) share price is charging 8% higher

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Woolworths Limited. The Motley Fool Australia has recommended CV Check Ltd. 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 Ansell Limited (ASX: ANN) share price is pushing higher on Wednesday.

The safety products company’s shares were up as much as 5% to $37.17 at one stage this morning before fading.

At the time of writing, the Ansell share price is up 1% to $35.76.

Why is the Ansell share price pushing higher?

This morning Ansell provided an update on its performance ahead of the release of its first half results next month.

According to the release, the increasing number of COVID-19 cases worldwide has led to a greater focus on protection against transmission. This has underpinned elevated demand for a number of its products across Exam/SU, Life Sciences, and Chemical Protective Clothing.

In addition to this, Ansell is experiencing strong market share gains in its Mechanical and Surgical segments.

And thanks to the implementation of efficiencies to increase output and its investment in increased production capacity at its own plants, management advised that it has been able to successfully and safely meet higher demand where others in the industry have struggled.

Another positive has been the company’s ability to pass through price increases to offset higher costs from raw material and labour costs. This was particularly the case in the Exam/SU segment.

What is Ansell expecting to report in the first half?

For the six months ending 31 December, Ansell is expecting to deliver organic growth of +20% and unaudited earnings per share in the range of 81 cents to 84 cents. This represents an increase of 62% to 68% on the prior corresponding period.

And while it anticipates the higher demand for its products to continue for the remainder of FY 2021, it warned that there remain significant uncertainties given that COVID-19 continues to impact its manufacturing operations and supply chain.

Given these challenges and uncertainties, Ansell currently considers that its second half earnings are unlikely to be stronger than the first half. Though, this has been the case in prior years.

Management is busy working through the analysis of these matters and their potential impacts on the remainder of the year. It expects to be in a position to announce a revised FY 2021 earnings per share guidance when it releases its half year results in February.

This uncertainty appears to be what is holding the Ansell share price back this morning after its strong start.

More reading

• CV Check (ASX:CV1) share price flat on results update
• What’s with the Boss Energy (ASX:BOE) share price today?
• Here’s the biggest investment opportunity since the internet
• Why the PolyNovo (ASX:PNV) share price is zooming 7% higher today
• Here’s why the Regis Healthcare (ASX:REG) share price is crashing 11% lower

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Ansell Ltd. 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 Boss Energy Ltd (ASX: BOE) share price opened flat at 10 cents this morning following release of the uranium miner’s “highly successful” latest quarterly results.

Shares in Boss Energy have rocketed up higher than 120% over the past 12-month period.

The Honeymoon Uranium Project

Boss Energy’s Honeymoon Uranium Project is located in South Australia. The project is fully permitted to export 3.3 million pounds of uranium a year. Uranium costs around US$30 a pound at the moment. 

This all adds up to pulling in US$99,000,000 a year at full production, in the current business environment before costs and charges.

In today’s release, Boss Energy advised that the Honeymoon Project will earn an all-in cost of US$32 a pound. This compared with current long-term contract prices which the miner said “are close to ~US$40 a pound”. This is based on findings from the project’s enhanced feasibility study (EFS).

According to Boss, the Honeymoon Project is globally recognised as one of the most low-cost uranium production projects.

Successful $15 million share placement

Back in October, Boss Energy announced that the company had received firm commitments regarding a $15 million share placement.

This deal has now been executed via the placement of approximately 224 million new shares for 6.7 cents per share with institutional and sophisticated investors. 

The funds raised will be used for activities including recruitment of additional experts as required, ongoing tenement exploration and to assess and execute merger and acquisition (M&A) opportunities where appropriate.

What else should I know about the Boss Energy share price?

Following a recent re-brand from Boss Resources Limited to Boss Energy Limited, the company hopes to position itself as a positive contributor to clean energy.

Boss continues appointing big players to the board, corporate team and mining site. With a strong team of experts that continues to grow, Boss says it’s positioned to be a major player in the uranium industry.

At the time of writing, the Boss Energy share price is trading at 10 cents per share, and has a market capitalisation of $183 million.

More reading

• Fund manager tips 2 booming ASX miners for 2021 uranium bull market

Motley Fool contributor Gretchen Kennedy 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 is one nascent theme that is the biggest investment opportunity since the invention of the internet, according to one fund manager.

Climate change will force a global transition from old high-emission industries to low-carbon technologies in the next couple of decades, said Munro Partners chief investment officer Nick Griffin.

“We conservatively estimate this will cost US$21 trillion (AU$27 trillion) over the next 30 years.

“This is going to be the biggest S curve of my investment lifetime. The one before was the internet — this is the next one.”

Likening it to the shift from horse carts to motor vehicles in the early 20th century, Griffin said both companies and sovereign nations are not just committing to token gestures any more.

“The US says they want to go to zero-carbon by 2050. China says they want to go to zero-carbon by 2050. Microsoft says they want to go to zero-carbon by 2050,” he told a GSFM briefing.

“They’re not saying ’emit less carbon’. They’re saying ’emit no carbon’.”

The fund manager said that one stock had already demonstrated the returns a green transition could bring, but it was just a preview.

“We’ve obviously seen one explode, which is Tesla Inc (NASDAQ: TSLA). There will be others,” he said.

“There’s lots of smaller companies here we think will grow over time. It’s going to be really a great place to invest for the next 20 years.”

Danish power company Oersted A/S (CPH: ORSTED) was an example of one of the bets Munro Partners have made.

While Joe Biden’s victory in the US has helped the impetus for green transition, Griffin said it would have happened anyway.

Forget cyclical, go thematic growth 

Climate now takes up 18% of Munro’s portfolio, but there are a couple of other themes the fund is also interested in.

Griffin understood why cyclical and value stocks are in favour at the moment. But he sees those only as short-term — 6 to 12 months — investment plays.

“But in the next 3 to 5 years if you are trying to find structural winners, we still think digital areas are the place to look.”

High-performance computing stocks (such as ASML Holding NV (AMS: ASML)) and e-commerce shares (like Hellofresh SE (ETR: HFG)) were also in favour at Munro Partners.

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Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Microsoft and 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 Bruce Jackson.

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The PolyNovo Ltd (ASX: PNV) share price is pushing higher this morning following the release of a couple of positive announcements.

At the time of writing, the medical device company’s shares are up 7% to $2.66.

What did PolyNovo announce?

This morning PolyNovo announced that it has expanded its presence in Europe by entering into both the Poland and Turkey markets.

In respect to Poland, the company has appointed Hortho Medical Innovations as its exclusive distributor in the country.

According to the release, Hortho distributes modern and innovative devices for medical reconstruction. This includes a number of complementary bio-absorbable implant technologies.

It also works closely with key opinion leaders in plastic/reconstructive surgery and has a direct team servicing all of Poland. Hortho plans to add dedicated personnel to support NovoSorb BTM sales and marketing activities.

The company notes that Poland is the sixth largest country in the European Union with a population of more than 38 million, and a medical device market valued at over $2.2 billion.

PolyNovo’s Managing Director, Paul Brennan, said: “Poland is an exciting growth market in Europe and we see this partnership as an important step in expanding our sales in Europe.”

What about Turkey?

Over in Turkey, PolyNovo has appointed Incomed Saglik Hiz and its medical sales channel LotuS as its distributor.

It notes that this expansion into the Europe-Middle East-Africa (EMEA) region is a big step in bringing NovoSorb BTM to a significant number of surgeons and patients in the region.

LotuS has an established product portfolio and sales relationships within wound and burn treatment. It also has over 10 years’ experience launching innovative devices through its extensive customer base.

Management advised that LotuS is the distributor of Suprathel (an artificial wound and burn dressing) and is familiar with the benefits of synthetic products in the treatment of complex surgical wounds. NovoSorb BTM will complete its plastic and reconstructive surgery offering.

Mr Brennan commented: “We are excited by our partnership with LotuS mcd and our entry into Turkey. The country is an important geographical and commercial link in our European, Mediterranean and Middle East strategy. We will now be able to service surgeons who work across EMEA and expand the inter-surgeon referral of the benefits of NovoSorb BTM.”

More reading

• ASX 200 Weekly Wrap: ASX drops despite promises of more US stimulus
• These were the worst performing ASX 200 shares last week
• Why Advance Nanotek, Polynovo, Resolute, & Tyro shares are dropping lower
• ASX 200 up 0.4%: Afterpay hits record high, bank shares rise, Resolute disappoints
• Why this broker sees little upside to the Polynovo (ASX:PNV) share price right now

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of POLYNOVO FPO. 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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