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Why the PointsBet (ASX:PBH) share price tumbled 21% lower today – Motley Fool Australia
The PointsBet Holdings Ltd (ASX:PBH) share price crashed 21% lower on Wednesday morning after returning from its trading halt…
The PointsBet Holdings Ltd(ASX: PBH) share price is back from its trading halt and is dropping lower on Wednesday.
At one stage the sports betting company’s shares were down as much as 21.5% to $10.73.
They have since recovered a touch but are still down 14% to $11.80 at the time of writing.
Despite this decline, PointsBet’s shares are still up a massive 275% since the start of the year.
Why is the PointsBet share price crashing lower?
This morning PointsBet returned from its trading halt f…
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