Business
Why the A2 Milk (ASX:A2M) share price is crashing 15% lower today – The Motley Fool Australia
The A2 Milk Company Ltd (ASX:A2M) share price is crashing lower again on Monday. Here’s why its shares are now down 65% in 12 months…
It has been another bitterly disappointing day of trade for the A2 Milk Company Ltd (ASX: A2M) share price on Monday.
At one stage today, the fresh milk and infant formula company’s shares were down 15.5% to a multi-year low of $5.93.
The a2 Milk share price has recovered a touch since then but remains 9% lower at $6.40 at the time of writing.
Why is the a2 Milk share price crashing lower?
Investors have been heading to the exits in their droves on Monday after a2 Milk downgraded its FY 2021 guidance…
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