Business
Why the SEEK (ASX:SEK) share price just hit a new record high
The SEEK Limited (ASX: SEK) share price was on form again on Wednesday.
The job listings company’s shares rose 1% to hit a record high of $30.99.
When the SEEK share price hit that level, it meant it was up a sizeable 34% since this time last year.
Why is the SEEK share price at a record high?
Investors have been buying SEEK shares after the job listings giant was tipped to positively surprise during earnings season.
According to a note out of Goldman Sachs, SEEK was one of a handful of shares which it believes could be outperforming expectations.
The broker is forecasting the company to deliver revenue of $816 million for the half, which will be down 7% on the prior corresponding period.
In respect to earnings, Goldman has…
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