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Why the a2 Milk (ASX:A2M) share price is crashing 20% to a multi-year low – The Motley Fool Australia
The A2 Milk Company Ltd (ASX:A2M) share price crashed 20% lower this morning to a multi-year low. Here’s why investors are selling…
Home » Why the a2 Milk (ASX:A2M) share price is crashing 20% to a multi-year lowThe worst performer on the S&P/ASX 200 Index (ASX: XJO) on Thursday has been the A2 Milk Company Ltd (ASX: A2M) share price.
In morning trade the fresh milk and infant formula company’s shares dropped as much as 20% to a multi-year low of $8.33.
When its shares hit that level, it meant they were down a very disappointing 45% over the last 12 months.
Why is the A2 Milk share price sinking?
Investors have been heading…
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