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Why Altium, Challenger, Lynas, & Sydney Airport shares are sinking – The Motley Fool Australia
Altium Limited (ASX:ALU) and Challenger Ltd (ASX:CGF) are two of four ASX shares tumbling lower on Tuesday. Here’s why…
The S&P/ASX 200 Index (ASX: XJO) is out of form on Tuesday and tumbling lower. At the time of writing, the benchmark index is down 0.65% to 7,019.2 points.
Four ASX shares that have fallen more than most are listed below. Here’s why they are sinking:
The Altium share price is down 5% to $28.50. Today’s decline appears to have been driven by a broker note out of Citi this morning. Although the broker retained its buy rating and $33.50 price target, it did warn that Altium has been discounting its…
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