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This ASX 200 stock is rocketing 10% after a surprise profit update
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This ASX 200 stock is rocketing 10% after a surprise profit update
Metcash Ltd (ASX: MTS) shares are racing higher on Monday after the wholesale distributor released a much stronger earnings update. At the time of writing, the Metcash share price is up 10.22% to $3.02. Today's rally gives shareholders some relief after a weak stretch for the stock. Metcash shares remain down around 8% in 2026 and about 9% over the past year. Here's what the company said. Profit guidance comes in stronger According to the relea…
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