Business
Why the Bubs share price crashed 10% lower today – Motley Fool Australia
The Bubs Australia Ltd (ASX:BUB) share price is back from its trading halt and sinking notably lower on Thursday. Here’s why…
The Bubs Australia Ltd(ASX: BUB) share price has come under pressure today after returning from its trading halt.
In morning trade the infant formula and baby food company’s shares fell as much as 10% to 82 cents.
They have since recovered slightly and are down 6% to 86 cents at the time of writing.
Why was the Bubs share price in a trading halt?
Bubs requested a trading halt at the start of the week while it undertook another capital raising.
This morning it revealed that it has successful…
-
Noosa News23 hours agoMeet Chad Burgess, Pauline Hanson’s One Nation Party
-
Noosa News23 hours agoWestern Queensland graziers begin grim stock count after catastrophic floods
-
General22 hours agoTyler Wright soaks up Bells Beach return as poor conditions at Rip Curl Pro sees men’s opening round called off
-
General21 hours agoTruck driver charged with causing death by dangerous driving after highway crash