Business
TechnologyOne (ASX:TNE) share price climbs higher despite first strike
The TechnologyOne Ltd (ASX: TNE) share price is pushing higher on Tuesday following the release of its annual general meeting update.
In afternoon trade the enterprise software company’s shares are up 1.5% to $8.32.
This makes the company one of the only tech shares to be in positive territory today. At the time of writing, the S&P/ASX All Technology Index (ASX: XTX) is down a disappointing 3.7%.
Why is the TechnologyOne share price rising?
Investors have been bidding the TechnologyOne share price higher today after it reaffirmed its guidance at its virtual annual general meeting.
In his presentation, the company’s CEO, Edward Chung, advised that he expects to see continuing strong growth in Software-as-a-Service (SaaS)…
-
Noosa News12 hours agoJessica Alba spotted filming spy thriller on the Gold Coast as cameras roll under iconic bridge
-
General11 hours agoACT family violence victims ‘waiting 3 or 4 days’ for help, inquiry hears
-
Noosa News23 hours agoIsolated storms forecast for Queensland after weekend hail storm
-
Noosa News18 hours agoGood Charlotte are Touring Australia and New Zealand in 2026