Business
What’s triggered the 7% Kogan (ASX:KGN) share price surge? – The Motley Fool Australia
The Kogan.com Ltd (ASX: KGN) share price has rocketed more than 7 per cent higher in a good day for the Aussie retailer’s shareholders.
Kogan.com Ltd (ASX: KGN) is one of those ASX 300 shares you just can’t take your eyes off. Today was no exception as the Kogan share price rocketed 7.5% higher after a response to an ASX query this morning.
What’s driving the Kogan share price higher?
Kogan responded to some of the market operator’s queries about its third quarter update. The Kogan share price plummeted 13% last Friday following the update as investors were unimpressed by the latest sales figures.
Kogan reported gross sales up 47%…
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