Business
Here’s why Bubs (ASX:BUB) and this ASX share are underperforming in 2020
The likes of Afterpay Ltd (ASX: APT) and Xero Limited (ASX: XRO) may have just hit record highs, but not all shares are faring as well.
Two ASX shares that have thoroughly underperformed in 2020 are listed below. Here’s why their shares are down in the dumps:
Bravura Solutions Ltd (ASX: BVS)
The Bravura Solutions share price is down 37.5% since the start of 2020. The provider of software products and services to the wealth management and funds administration industries has come under pressure after providing underwhelming guidance for FY 2021. Bravura has warned that the pandemic could lead to flat profits this year.
While this guidance might not sound overly bad considering the disruption it has faced with COVID-19, investors…
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