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Kogan share price rockets 12% to a record high: Is it too late to invest? – Motley Fool Australia
The Kogan.com Ltd (ASX:KGN) share price rocketed 12% higher and hit a record high on Tuesday. Is it too late to invest?
One of the best performers on the Australian share market on Tuesday was the Kogan.com Ltd(ASX: KGN) share price.
The ecommerce company’s shares rocketed a sizeable 12% higher to finish the day at a record high of $22.99. This means that the Kogan share price is now up 566% from its March low of $3.45.
To put that into context, if you had invested $20,000 into Kogan’s shares at its low, it would now be worth over $133,000.
Why did the Kogan share price rocket higher today?
Investors appear t…
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