Connect with us

Business

Why the a2 Milk Company (ASX:A2M) share price crashed 26% lower today – The Motley Fool Australia

Here’s why the A2 Milk Company Ltd (ASX:A2M) share price has crashed 25% lower on Friday…

Published

on

post featured image

The A2 Milk Company Ltd(ASX: A2M) share price has returned from its trading halt and crashed lower on Friday.
In afternoon trade the infant formula and fresh milk company’s shares dropped a disappointing 26% to $9.82.
Why is the a2 Milk share price crashing lower?
Investors have been selling the company’s shares this afternoon following the release of an update to its guidance for the first half and full year of FY 2021.
According to the release, the company has experienced a more significant and…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending