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Why Mesoblast, Temple & Webster, Xero, & Zip shares are dropping lower – Motley Fool Australia
Mesoblast limited (ASX:MSB) and Zip Co Ltd (ASX:Z1P) shares are two of four dropping notably lower on Wednesday…
In late morning trade the S&P/ASX 200 Index (ASX: XJO) is on course to extend its winning run with another solid gain. At the time of writing the benchmark index is up 0.8% to 6,695.7 points.
Four shares that have failed to follow the market higher today are listed below. Here’s why they are dropping lower:
The Mesoblast share price is down 5% to $4.24. This appears to have been driven by profit taking after a meteoric rise over the last few days. Prior to today, the Mesoblast share price was up…
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