Business
Why Aussie Broadband, Fisher & Paykel Healthcare, Lynas, & Megaport are charging higher
In late morning trade the S&P/ASX 200 Index (ASX: XJO) is on course to end a positive week on a subdued note. The benchmark index is currently down 0.1% to 6,818.2 points.
Four ASX shares that are not letting that hold them back are listed below. Here’s why they are charging higher:
Aussie Broadband Ltd (ASX: ABB)
The Aussie Broadband share price has jumped 7% to $2.65 after providing its guidance for the first half. According to the release, the internet service provider reported 342,634 broadband connections at the end of December. This is up 31% over the last six months and 88% since this time last year. In light of this, it expects to report half year operating earnings of $8 million to $8.5 million excluding IPO…
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