Business
6 reasons CSL (ASX:CSL) shares are struggling – The Motley Fool Australia
In just 25 years on the ASX, CSL grew to become Australia’s biggest company. But it’s all gone pear-shaped in the past 12 months.
CSL Limited (ASX: CSL) shareholders have been tearing their hair out over the past 12 months.
The stock price has plummeted 20% during a time the rest of the market has climbed onwards and upwards from the depths of the COVID-19 crash.
It’s been a rude shock for a stock that grew spectacularly for 25 years before the pandemic.
“It took the better part of the past 2.5 decades, but Australian investors eventually warmed to Australia’s largest and most successful biotech company,” FNArena editor Rudi…
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