Business
These were the worst performing ASX 200 shares last week 12 December 2020
Last week the S&P/ASX 200 Index (ASX: XJO) managed to keep its winning streak alive and recorded its sixth straight week of gains. The benchmark index rose 0.1% to finish the period at 6,642.6 points.
Not all shares were able to climb higher with the market. Here’s why these were the worst performers on the ASX 200 over the period:
The Appen share price was the worst performer on the ASX 200 last week with a disappointing 14.5% decline. Investors were selling the artificial intelligence services company’s shares after it downgraded its FY 2020 guidance. Due to COVID-19 headwinds, Appen expects to report full year underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of $106 million to $109 million…
-
Noosa News16 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General22 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News22 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News22 hours agoDetectives continue to search for answers on Crystal Beale’s death