Business
Should you buy the A2 Milk Company Ltd (ASX: A2M) share price dip? – Motley Fool Australia
Could the A2 Milk Company Ltd (ASX: A2M) share price be a bargain buy after its 15% sell off in September?
The A2 Milk Company Ltd(ASX: A2M) share price has slumped more than 15% since the release of its FY21 outlook and more than 25% since highs back in July. Is the recent share price slump an opportunity to buy the market darling for cheap, or should more caution be exercised?
FY21 outlook
The updated FY21 outlook unravelled a number of factors slowing the growth of the infant formula giant. The company first noted the flow-on effect of pantry destocking continuing into FY21 following a strong …
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