Business
Why the a2 Milk (ASX:A2M) share price is sinking lower again – The Motley Fool Australia
The A2 Milk Company Ltd (ASX:A2M) share price is sinking lower again and is down almost 50% from its 52-week high…
The A2 Milk Company Ltd(ASX: A2M) share price was out of form on Monday and tumbled lower again.
The infant formula and fresh milk company’s shares dropped 3% to $10.62.
This means the a2 Milk share price is now down almost 50% from its 52-week high of $20.05.
Why is the a2 Milk share price sinking lower?
Investors have been selling the company’s shares over the last few months after COVID-19 had a negative impact on its sales and profits.
After benefiting greatly from panic buying and pantry stocking…
-
General7 hours agoAlleged Croydon Park gunman Artemios Mintzas charged with 25 offences
-
Noosa News22 hours agoProtest calls for shark net removal
-
General21 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
Noosa News23 hours agoNew playground equipment encourages children to learn through ‘risky play’