Business
Why the Nine Entertainment (ASX:NEC) share price just hit a 52-week
Nine Entertainment Co Holdings Ltd (ASX: NEC) shares are on the rise today after the company announced some changes to its board. During intraday trade, the Nine share price surged more than 6% to reach a new 52-week high of $3.13.
At the time of writing, the media company’s shares have retreated back to $3.06, up 4.08% for the day with only moments of trade remaining.
What’s driving the Nine share price?
The Nine share price is leaping higher today following the company’s announcement that board member Patrick Allaway has resigned. In a statement released to the ASX after close of trade yesterday, Nine Entertainment chair and former federal government treasurer Peter Costello announced Mr Allaway would resign by early…
-
Noosa News16 hours agoFrom pigeons and Morse code to satellites and cyberspace: 100 years of the Royal Australian Corps of Signals
-
General20 hours agoIndia launches manhunt for those responsible for deadly attack in India-controlled Kashmir
-
General19 hours agoTrump says peace deal between Russia and Ukraine ‘very close’ as he attacks Zelenskyy
-
Noosa News15 hours ago“I Do My Best Work in the Dark”: Jenna Ortega Gets Creepy and Kooky Again in the First ‘Wednesday’ Season Two Trailer