Tag: Motley Fool

Today, the S&P/ASX 200 Index (ASX: XJO) started the week on a green note. The benchmark index climbed 0.57% to 7,384.2 points.

Travel shares found themselves in the spotlight after reassuring guidance from politicians regarding the reopening of Australia once the vaccination targets are met.

The question is: which shares delivered the biggest returns to investors on the ASX today? Here are the ten stocks that rose to the occasion:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Flight Centre Travel Group Ltd (ASX: FLT) was the biggest gainer today. Shares in the travel agent company gained 7.18% following the optimistic outlook for the travel sector. Find out more about Flight Centre here.

The next biggest gaining ASX share today was The a2 Milk Company Ltd (ASX: A2M). The milk-producing company’s shares rallied 5.07% to $6.01 despite no announcements from the company. Uncover the latest A2 Milk details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company	Share price	Price change
Flight Centre Travel Group Ltd (ASX: FLT)	$21.21	7.18%
The a2 Milk Company Ltd (ASX: A2M)	$6.01	5.07%
IOOF Holdings Ltd (ASX: IFL)	$4.48	4.92%
Beach Energy Ltd (ASX: BPT)	$1.24	4.64%
Virgin Money UK PLC (ASX: VUK)	$4.065	4.23%
Event Hospitality and Entertainment Ltd (ASX: EVT)	$15.52	4.16%
Woodside Petroleum Ltd (ASX: WPL)	$22.98	3.65%
Iluka Resources Ltd (ASX: ILU)	$9.46	3.61%
Lynas Rare Earths Ltd (ASX: LYC)	$7.17	3.61%
Zip Co Ltd (ASX: Z1P)	$7.23	3.43%

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

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

More reading

• These 3 ASX 200 shares are topping the volume charts today
• Here’s why the A2 Milk (ASX:A2M) share price is up 9% in a week
• Why AVZ, Flight Centre, Fortescue, & Sigma shares are storming higher
• Which ASX 300 shares are leading the way on Monday?
• Why these ASX 200 travel shares are flying this Monday

Motley Fool contributor Mitchell Lawler owns shares of Lynas Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended ZIPCOLTD FPO. The Motley Fool Australia has recommended A2 Milk and Flight Centre Travel 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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Are you looking for shares to add to your portfolio? Then here are two blue chips that could be worth considering.

Both are rated as buys by the team at Morgans. Here’s what you need to know:

QBE Insurance Group Ltd (ASX: QBE)

Morgans is very positive on this insurance giant’s shares. The broker was pleased with its first half performance and feels its shares are trading at an attractive level.

It commented: “We see QBE as likely having positive underlying momentum into next year. QBE has been putting through top-line rate increases of around 9%, which should assist margin expansion into FY22. With QBE’s balance sheet recently reset, pricing tailwinds evident and the stock relatively inexpensive trading on ~13.5x FY22F PE.”

The broker currently has an add rating and $13.70 price target. This compares to the latest QBE share price of $11.72, which implies potential upside of 17% over the next 12 months. Morgans is also forecasting a 5.5% dividend yield next year.

Santos Ltd (ASX: STO)

The broker also believes the Santos share price is in the buy zone at the current level. This is due to its growth prospects and diversified earnings.

The broker explained: “We expect the resilience of STO’s growth profile and diversified earnings base see it best placed to outperform against a backdrop of a continuing broader sector recovery. While pre-FEED, we see Dorado as likely to provide attractive growth for STO, while its recent acquisition increasing its stake in Darwin LNG has increased our confidence in Barossa’s development.”

Morgans currently has an add rating and $8.55 price target on the company’s shares. This compares very favourably to the latest Santos share price of $6.74, which implies potential upside of 27% over the next 12 months. The broker also estimates that its shares offer a 2% dividend yield at current prices.

The post Broker names 2 blue chip ASX 200 shares to buy appeared first on The Motley Fool Australia.

More reading

• Why the Santos (ASX:STO) share price is up 10% in a week
• 5 things to watch on the ASX 200 on Monday
• ASX 200 (ASX:XJO) midday update: Telstra buys Vita stores, Cochlear sinks
• Why ASX 200 energy shares are trouncing the index today
• 5 things to watch on the ASX 200 on Friday

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 Bruce Jackson.

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Motley Fool Australia Chief Investment Officer Scott Phillips joined Weekend Sunrise on Sunday to discuss the Treasurer’s comments on the higher interest rates Australians might pay if we don’t take concrete action on climate change. Plus, is it time to lower credit card interest caps?

The post The interest rate cost of climate inaction. And save, before you spend. Scott Phillips on Weekend Sunrise appeared first on The Motley Fool Australia.

More reading

• 2 growing small cap ASX shares for your watchlist
• Dimerix (ASX:DXB) share price soars as boss looks back on ‘pivotal’ year
• These 3 ASX 200 shares are topping the volume charts today
• Why the Brickworks (ASX:BKW) share price reached a new 52-week high today
• Is the Transurban (ASX:TCL) share price a buy after the WestConnex acquisition?

Motley Fool contributor Scott Phillips 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 Bruce Jackson.

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Are you interested in small cap shares? If you are, then you may want to look at the ones listed below.

Both these small cap ASX shares have been given buy ratings and are tipped for big things in the future. Here’s why they should be on your watchlist:

Adore Beauty Group Limited (ASX: ABY)

The first small cap for your watchlist is Adore Beauty. It operates a beauty-focused integrated content, marketing, and ecommerce platform that partners with a broad and diverse portfolio of approximately 260 brands and 10,800 products.

This strategy has worked wonders and led to Adore Beauty’s active customers growing 39% year on year in FY 2021 to 818,000. This and a 7% increase in average revenue per customer helped underpin a 48% jump in full year revenue to $179.3 million.

While this is a large number, it is still only a small slice of a beauty market worth $11 billion at present. This gives Adore Beauty a long runway for growth over the next decade.

Morgan Stanley is a fan of the company. It currently has an overweight rating and $6.00 price target on its shares. This compares to the latest Adore Beauty share price of $4.87.

ELMO Software Ltd (ASX: ELO)

Another small cap to watch is ELMO. It is a cloud-based human resources and payroll software company that provides a unified platform to streamline range of processes.

ELMO has been a strong performer in recent years and this continued in FY 2021. For the 12 months ended 30 June, the company reported a 38.1% increase in revenue to $69.1 million. Positively, 96% of this revenue is subscription based, which helped lift its annualised recurring revenue (ARR) by 52.1% year on year to $83.8 million.

Management advised that this was driven by growth at both the small and mid-end of the market. ELMO’s mid-market business reported an 85.1% increase in customers to 3,114, whereas its small business offering grew its customer base to 9,069.

Looking ahead, management provided guidance for ARR of $105 million to $111 million in FY 2022. This represents year on year growth of 25% to 32%.

Morgan Stanley was pleased with this guidance and remains positive on its long term outlook. It has an overweight rating and $7.80 price target on its shares. This compares to the latest ELMO share price of $4.63.

The post 2 growing small cap ASX shares for your watchlist appeared first on The Motley Fool Australia.

More reading

• 2 ASX shares that may be worth researching this weekend
• 3 rapidly growing ASX tech shares to buy
• Why Adore Beauty, ALE Property, Ausnet, & Zoom2u shares are charging higher
• 2 exciting small cap shares tipped as buys
• 4 small cap ASX shares to watch

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. owns shares of and has recommended Elmo Software. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited. The Motley Fool Australia owns shares of and has recommended Elmo Software. 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 Dimerix Ltd (ASX: DXB) share price is taking off today. Meanwhile, the company has conducted its annual general meeting (AGM).

At the meeting, CEO Dr Nina Webster looked back on a year she described as “pivotal for the future of Dimerix”.

Webster also stated she expects the drug discovery company will begin to glide through the final stages of development and towards profitability.

While Webster’s comments weren’t released to the public until mid-afternoon, the Dimerix share price has been soaring since this morning.

At market close on Monday, shares in the company finished at 33 cents apiece. That represents a 6.45% gain on their previous closing price.

Let’s take a look at the year that’s been for Dimerix and what Webster believes the future will hold.

Dimerix’s boss on a successful FY21

The Dimerix share price is in the green today, the same day the company presented its AGM.  

In the meeting, Webster pointed to the achievements the company made over financial year 2021.

These included 2 clinical studies in which the company’s lead drug candidate, DMX-200, treated COVID-19 patients.

The company also prepared for another phase 3 study into using DMX-200 to treat focal segmental glomerulosclerosis (FSGS).

With numerous drugs in the final stage of trials, Webster noted the company’s portfolio is positioned for growth with commercial potential.

Webster also noted that, while much of the global population is, or soon will be, vaccinated against COVID-19, there will still be a need for treatments against the virus.

Additionally, drugs that can treat severe COVID-19 have typically been more expensive than other similar drugs. This has provided DMX-200 with an attractive market.

Finally, Dimerix finished FY21 under budget.

The company is now looking forward to providing guidance for all its near-term propositions, including the FSGS phase 3 program and its 2 COVID-19 clinical studies.

Dimerix is also engaging with potential licensing partners with the aim to provide the best outcome for its patients and shareholders.

It’s also building alliances with others in commercial, clinical and manufacturing areas to enhance its chances for success.

Dimerix share price snapshot

Today’s included, the Dimerix share price has gained 35% so far this year.

It is also 30% higher than it was this time last year.

The post Dimerix (ASX:DXB) share price soars as boss looks back on ‘pivotal’ year appeared first on The Motley Fool Australia.

More reading

• These 3 ASX Healthcare shares have soared over 10% today
• Dimerix (ASX:DXB) share price soars 9% on COVID-19 news
• The Dimerix (ASX:DXB) share price is up 3% on Thursday

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 Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) is having a fairly decent start to the trading week this Monday. At the time of writing, the ASX 200 is up a reasonably healthy 0.59% to 7,385 points so far today. But let’s dive a little deeper and check out the ASX 200 shares topping the raw volume charts so far this Monday. This data comes from investing.com.

3 ASX 200 shares topping the volume charts today

Oil Search Ltd (ASX: OSH)

ASX 200 energy company and oil driller Oil Search is our first share to check out today. This ASX energy share has seen a hefty 13.13 million shares change hands so far this Monday.

Oil Search has not released any major news or announcements today. However, the ASX 200 energy sector as a whole is having a fantastic day today, thanks to rising crude oil prices. In Oil Search’s case, the company is currently up 1.86% to $4.10 at the time of writing. This is probably the reason why so many Oil Search shares have traded hands so far today.

Pilbara Minerals Ltd (ASX: PLS)

Our next ASX 200 share up today is lithium producer Pilbara Minerals. Pilbara is another company that has not said a peep today. However, that’s where its similarities with Oil Search end. Pilbara shares are down a nasty 3.27% so far today to $2.07 a share.

It’s not entirely clear why investors are hitting the sell button with Pilbara today, but it is worth pointing out that Pilbara is still up roughly 100% over the past 6 months alone. Perhaps there is some profit-taking going on here. Regardless, this nasty fall is the likely cause behind the 15.71 million Pilbara shares that have found new owners so far this Monday.

AMP Ltd (ASX: AMP)

Embattled ASX 200 financial services company AMP is our final share to check out today. AMP has seen a very sizeable 27.7 million of its shares bought and sold so far. The AMP share price hasn’t done anything too remarkable today as of yet. It’s currently sitting at 99 cents, up 0.2% thus far.

However, my Fool colleague Brooke reported on a new court case that AMP is facing this morning. AMP and its Charter Financial Planning business are reportedly being taken to court by Centurion Wealth Advisors. Centurion is alleging AMP breached the terms of its buyout contract for financial advisers. It could be this news that is eliciting a higher volume of AMP shares trading today.

The post These 3 ASX 200 shares are topping the volume charts today appeared first on The Motley Fool Australia.

More reading

• Here’s why the Oil Search (ASX:OSH) share price is up 10% in a week
• ASX 200 (ASX:XJO) midday update: Fortescue jumps, Wesfarmers dealt takeover blow
• Energy shares are leading the ASX 200 on Monday
• AMP (ASX:AMP) share price on watch amid latest legal battle
• How does the Telstra (ASX:TLS) dividend compare to ASX 200 shares?

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 Bruce Jackson.

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The Brickworks Ltd (ASX: BKW) share price has stepped into the green in afternoon trade today, peaking at $26.25 a share.

That marks a new 52-week high for the property and building specialist with its share price up 10% in the last month alone.

At the time of writing, Brickworks shares were trading hands for $26.02 per share, up 1.01%.

Here’s what we know is propelling the Brickworks share price of late.

Why is the Brickworks share price climbing today?

There’s been no market-sensitive information for the company today. However, last week on 23 September, the company released its FY21 results presentation made to analysts.

In its presentation, the company gave an overview of its FY21 performance and outlook for FY22 while also taking questions from participating analysts.

For reference, it recognised a 95% gain in underlying net profit after tax (NPAT) and increased its dividend by 3% to 40 cents per share in FY21.

The Brickworks share price jumped from a previous low of $24.47 immediately following the release and has now surpassed its previous high of $25.98 on September 14.

Aside from this, there was positive sentiment out of investment bank Citibank whose analysts revealed a buy rating and a price target of $30 on Brickworks’ shares.

The analysts are happy with Brickworks’ FY21 results which came in ahead of expectations and upgraded their modelling accordingly. It implies a 14% upside potential from Brickworks’ current share price.

One other key factor at play appears to be the relationship Brickworks has with fellow ASX share Washington H Soul Pattinson & Co Ltd (ASX: SOL).

Brickworks has a significant equity stake in Soul Pattinson which also has a significant stake in Brickworks.

That means fluctuations in the pairs’ share prices will flow through to one another. For instance, the Soul Pattinson share price has climbed around 12% in the past few days and is up 14.5% in the past month.

Given its relationship with the Brickworks share price, plus the factors mentioned earlier, it starts to form the picture of the moving parts.

The sum of these factors appear to be what is fuelling the returns Brickworks’ shareholders are enjoying today.

Brickworks share price snapshot

The Brickworks share price has climbed 36% this year to date, extending its climb over the past year to 35%.

Both of these results have outpaced the S&P/ASX 200 Index (ASX: XJO)’s gain of around 25% over the past year.

The post Why the Brickworks (ASX:BKW) share price reached a new 52-week high today appeared first on The Motley Fool Australia.

More reading

• Brokers name 3 ASX shares to buy today
• 2 ASX shares that could be buys for both growth and dividends
• Why Bapcor, Brickworks, News Corp, & Premier Investments are rising
• ASX 200 (ASX:XJO) midday update: Transurban falls, Premier Investments jumps
• Brickworks (ASX:BKW) share price jumps as net profit soars by 95%

The author Zach Bristow has no positions in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Brickworks. The Motley Fool Australia owns shares of and has recommended Brickworks and Washington H. Soul Pattinson and Company 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 Transurban Group (ASX: TCL) share price has started the week in a positive fashion.

In afternoon trade, the toll road operator’s shares are up 0.5% to $14.12.

Where next for the Transurban share price?

Unfortunately, one leading broker appears to believe the Transurban share price is fully valued at the current level.

According to a note out of Citi this morning, the broker has retained its neutral rating and trimmed its price target on the company’s shares to $13.78.

Based on the current Transurban share price, this implies potential downside of approximately 2.5% over the next 12 months.

And while Citi is forecasting attractive dividend yields of 3% in FY 2022 and 4.4% in FY 2023, it isn’t enough for a more positive rating.

What did the broker say?

Citi has been looking over the company’s acquisition of the remaining WestConnex stake from the NSW Government. While it sees positives from the deal, it suspects it could be dilutive in the near term.

As a result, no changes are made to its rating on the Transurban share price at this point.

Citi commented: “As we come out of a period of restriction, we update our estimates to reflect TCL’s announced of the acquisition of the remaining 49% stake in WestConnex by Sydney Transport Partners (STP), in which TCL holds a 50% stake.”

“The agreed price was $11.1bn and TCL funded its share of commitments ($5.56bn) via a $4.22bn equity raising (at an average price of $13 per share), and the balance by cash. Additionally, TCL introduced 1H22 DPS guidance at 15cps. We believe the transaction is positive but see some near-term dilution to FCF/dividend forecasts. We remain Neutral rated,” the broker added.

All in all, the broker appears to believe investors would be better off looking elsewhere until a better entry point emerges.

The post Is the Transurban (ASX:TCL) share price a buy after the WestConnex acquisition? appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to buy next week
• Why Lake Resources, Ramelius, Telix, & Transurban shares are falling
• ASX 200 (ASX:XJO) midday update: Transurban falls, Premier Investments jumps
• Why the Transurban (ASX:TCL) share price is falling today
• 5 things to watch on the ASX 200 on Thursday

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 Bruce Jackson.

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The Webjet Limited (ASX: WEB) share price is taking off today despite no news being released by the company.

However, today has brought more positive news of Australia’s domestic borders reopening as the country edges closer to its vaccine targets.

At the time of writing, the Webjet share price is $6.45, 5.05% higher than its previous close.

Even more impressive, earlier today Webjet’s stock reached a new 52-week high of $6.50 – its highest point since March 2020.

Let’s take a look at the news that might be bolstering the Webjet share price today.

More positive sentiment for travel sector

The Webjet share price is leaping higher today amid news that will likely help the travel industry recover from the COVID-19 pandemic.

It’s been a big weekend for border news, as Prime Minister Scott Morrison flagged the country should be open by Christmas.

Speaking to Channel 7 yesterday, Morrison said there’s no reason domestic border restrictions should remain once 80% of the population is vaccinated.

As of yesterday, 75.8% of Australians have had one COVID-19 jab and 51.5% are fully inoculated.

In a similar vein, Queensland’s Deputy Premier Steven Miles has backtracked on his comments that the state wouldn’t open for Christmas.

As Channel 9 has reported, yesterday Miles said he didn’t think “Queenslanders [would] want to let COVID in for Christmas.”

However, today he noted the sunshine state’s border may be open by Christmas. Though, it’s still not clear when exactly it will open.

More positive news came from Qantas Airways Limited (ASX: QAN). Today, the airline once again solidified its plans to be flying between Victoria and New South Wales by November. It also noted it plans to be flying within New South Wales by October.

Unfortunately, the airline has pushed back its expected flights to Western Australia from Victoria and New South Wales until February.

It still plans to be flying internationally from 18 December.

Like that of Webjet, the Qantas share price hit a new 52-week high today.

Finally, as ABC News reports, New South Wales’ lockdown is set to end on 11 October. Additionally, travel in regional New South Wales will resume when 80% of residents are fully vaccinated. The state is leading the nation’s vaccine rollout, with 85.5% of residents having had one dose and 60.1% having had both.

Webjet share price

Today’s gains have added to Webjet’s strong performance on the ASX.

The online travel agency’s share price has gained 25% year to date. It is also 65% higher than it was this time last year.

The post Webjet (ASX:WEB) share price gains 5% to reach new 52-week high appeared first on The Motley Fool Australia.

More reading

• Which ASX 300 shares are leading the way on Monday?
• These are the 10 most shorted ASX shares
• The Webjet (ASX:WEB) share price is up 16% in a month. Here’s why.
• Webjet (ASX:WEB) share price jumps 5% amid more US travel optimism
• Why the Webjet (ASX:WEB) share price is lifting off this Tuesday

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 owns shares of and has recommended Webjet 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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Shareholders of Appen Ltd (ASX: APX) won’t be too happy this Monday. While the S&P/ASX 200 Index (ASX: XJO) is having a decent day so far today, up 0.5% to 7,380 points at the time of writing, the Appen share price is not reciprocating. Appen shares are currently sitting at $9.52 each, down 1.65% so far today.

That means that shares in the tech company are now down close to 12% since the start of September alone.

But that’s unfortunately not where the recent pain for shareholders ends. The Appen share price is now down more than 62% year to date in 2021, and it’s fallen roughly 71% over the past 12 months.

The former WAAAX darling is also down more than 76% since the company last peaked at around $40 a share back in August 2020.

What’s gone so wrong for Appen in the last month?

Well, Appen’s most recent woes all seem to stem from the company’s FY2021 earnings report. This, Appen delivered back in late August.

Investors didn’t appear to like what Appen put up for display back then. That’s judging by the Appen share price falling more than 17% after the report was released.

The company reported revenue falls of 2%. As well as a 14.3% slide in earnings before interest, tax, depreciation, and amortisation (EBITDA). On the bottom line, net profits after tax were down a nasty 55.1% to US$6.7 million.

Those headline figures somewhat overshadowed Appen’s concurrent announcement that it would be acquiring the location data provider Quadrant for US$25 million. Appen announced that this acquisition had been completed earlier this month.

What now for the Appen share price?

With all that has happened to the Appen share price in recent months, many an investor may be wondering what’s next for the Appen shares? Well, as my Fool colleague James covered last week, there has been some interest in Appen at these recent levels.

Broker Citigroup reportedly reckons Appen could be a ‘buy the dip’ opportunity right now. This broker current rates Appen as a ‘buy’ with a 12-month share price target of $18.80. That implies a potential upside of close to a double-up of 100%. Citi reckons Appen is poised for a demand pickup for its services after a tough year or two.

At the current Appen share price, this company has a market capitalisation of $1.17 billion and a dividend yield of 1.05%.

The post Here’s why the Appen (ASX:APX) share price is down 12% in a month appeared first on The Motley Fool Australia.

More reading

• 3 ASX shares with bags of potential
• Analysts name 3 stellar ASX growth shares to buy right now
• Why this top broker thinks the Appen (ASX:APX) share price can double
• 2 ASX growth shares analysts rate as buys right now
• Appen (ASX:APX) share price dips lower despite positive announcement

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. owns shares of and has recommended Appen Ltd. The Motley Fool Australia owns shares of and has recommended Appen 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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