Author: Shawn Hickman
DRO is down sharply today following a trading update which delivered a revenue guidance miss while at the same time flagging margin. compression,
Evolution Mining (EVN) is trading down ~3% in early afternoon on concerns around costs into FY27.
Fletcher Building (FBU) upgrades guidance taking the stock up ~7% to test 5-month highs.
Megaport (MP1) tumbles more than 10% after completing its $308mn retail entitlement offer.
Australian tourism stocks gain after the government lowered its travel advice for some Middle Eastern countries.
REA Group fell the most in 4-months this morning after being cut to a sell at Bell Potter with $137 PT.
BHP extended its recent rally, approaching $65 as growing optimism around copper demand continues to drive buying across the sector.
SiteMinder (SDR) has rallied up to 12% after announcing a new hotel management system partnership with Mews, a move the market sees as strategically important for customer growth and product positioning.
Whitehaven Coal (WHC) is trading up more than +7% leading strong session across the ASX coal miners.
DroneShield is trading down over 10% after the company announced that ASIC was investigating director share sales from lats November.
