Business
ASX 200 falls 1.2% on Friday
The S&P/ASX 200 Index (ASX: XJO) fell by around 1.2% today to 6,676 points.
Here are some of the highlights from the ASX today:
A2 Milk Company Ltd (ASX: A2M)
The A2 Milk share price fell by 23% today after the company adjusted its guidance for the FY21 first half and full year results.
A2 Milk first reminded investors that it has been saying for months it was suffering from lower sales in Australia because of daigou sales reductions with reduced tourism from China and international student numbers.
The company was previously guiding that there would be a significant increase of revenue in the second half.
However, today the company said that the disruption in the daigou channel, which represents a significant proportion of infant…
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