Business
Will the Kogan (ASX:KGN) share price making a comeback in April?
March marked the third consecutive month-on-month decline for the Kogan.com Ltd (ASX: KGN) share price. With its shares bouncing 8% higher so far in April, is it time for Kogan shares to make a comeback?
What’s driving the Kogan share price lower?
Diverging performance between retail and ecommerce shares
Classic ASX retail shares such as JB Hi-fi Ltd (ASX: JBH), Harvey Norman Holdings Limited (ASX: HVN) and Adairs Ltd (ASX: ADH) are within an arms reach of all-time record highs. This comes off the back of a significant rebound in 2020 and a relatively stable performance so far in 2021.
Conversely, ecommerce enabled businesses…
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