Business
Why is the A2 Milk (ASX:A2M) share price up 7% today? The A2 Milk Company – The Motley Fool Australia
The A2 Milk Company Ltd (ASX: A2M) share price is recovering strongly today from its 52-week low after receiving some love. Here’s the tea
The A2 Milk Company Ltd(ASX: A2M) share price has been a pretty unrewarding performer over the past few months. Since topping out at more than $20 a share last August, the A2 Milk share price has spent the months since slowly going sour.
Hit by a seeming avalanche of earnings downgrades (4 so far), investors have been hitting the sell button on A2 Milk. Just this week, the company hit a new 52-week (And multi-year) low of $5.04 a share. That’s a good ~75% off of its high from last year.
Bad and…
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