Business
Airtasker ASX: ‘Airtasker to Saturn’: post-IPO rally fanned by Reddit traders – The Australian Financial Review
Airtasker’s 170 per cent share price rally has been aided by social media influencers encouraging Millennial and Gen Z investors.
The market operators surveillance team imposed a circuit-breaker on Airtasker trading in the form of a two-minute regulatory halt amid the skyward price movement on Wednesday.
All stocks have extreme trade range boundaries. ASX takes action to maintain orderliness. Our surveillance team continues to closely monitor trading activity.
The ASX and Australian Securities and Investments Commission are each monitoring social media forums for unregulated investment advice, scams and content that could…
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