Connect with us

Business

Why ARB, Domain, Redbubble, & Treasury Wine shares are sinking today – Motley Fool Australia

Redbubble Ltd (ASX:RBL) and Treasury Wine Estates Ltd (ASX:TWE) shares are two of four sinking lower on Tuesday. Here’s why…

Published

on

post featured image

In afternoon trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of European markets and is pushing higher. At the time of writing, the benchmark index is up 0.6% to 6,909 points.
Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they are under pressure:
ARB Corporation Limited(ASX: ARB)
The ARB share price is down over 2% to $38.25 following its half year update. For the six months ended 31 December, the 4×4 parts manufacturer reported a 21.7%…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending