Business
2 ASX shares at 52-week lows: Are they bargain buys? – The Motley Fool Australia
Nuix Limited (ASX:NXL) and this ASX share have just dropped to 52-week lows. Is this a buying opportunity for investors?
The Australian share market may have been pushing higher recently, but not all shares have fared so well.
Two ASX shares that have just hit 52-week lows are listed below. Here’s why they are down in the dumps:
Adore Beauty Group Ltd (ASX: ABY)
The Adore Beauty share price dropped to a 52-week low of $4.59 on Tuesday. This means the online beauty retailer’s shares are now down 32% from their IPO price of $6.75.
Investors have been heading to the exits despite Adore Beauty smashing expectations during…
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