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Why Lendlease, A2 Milk and JB Hi Fi Shares Are Turning Heads on Monday
JB Hi-Fi sank 12% and A2 Milk fell 4% as investors sold retail stocks after earnings updates missed expectations.
Summary by fool.com.au
5 Articles
5 Articles
JB Hi-Fi shares slump as sales outlook worries investors
JB Hi-Fi is leading the losses on the ASX 200, with the broader index modestly lower. National Australia Bank reports a quarterly profit rise, despite a softening of home lending, led by investors. Follow live.
Why JB Hi-Fi's share price tumble is a bellwether for Aussie retail
Shares in JB Hi-Fi dove 13% on Monday after an update analysts took as evidence of weakening discretionary spending and an AI bottleneck. The post Why JB Hi-Fi’s share price tumble is a bellwether for Aussie retail appeared first on SmartCompany.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right1Center1Last Updated34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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