What does MM think about Praemium (PPS) shares?
NWL -9.19%, PPS -1.26%: both stocks released 2Q Funds Under Administration (FUA) updates today and followed the slide seen in peer Hub24 (HUB) after their update earlier in the week.
What happened to Praemium (PPS) shares today?
PPS +12.82%: the investment administration platform announced in-line FY22 results today, but the share price got a boost from improving underlying performance.
Praemium (PPS) drives an impressive Q4 update
PPS +10.57%: the independent investment platform provided an impressive 4th quarter update today despite a small fall in the 3 months.
Praemium (PPS) shares pop on quarterly
PPS +15.32%: a strong rally for the investment platform today, bouncing back from recent weakness thanks to a decent funds under administration (FUA) update.
Why are Praemium (PPS) shares falling?
PPS –13.88%: fell to 4-month lows toady on the back of a soft 1H result.
Praemium (PPS) share price jumps on NetWealth interest
PPS +14.46%: the investment platform has had an approach from peer Netwealth (NWL) in an all scrip offer.
Praemium (PPS) shares fall with FY21 miss
PPS -3.97%: FY21 result out this morning was a miss to expectations and the stock has tumbled as a result.
Praemium (PPS) FUA update impresses
PPS +2.67%: Praemium's flow numbers show an explosion in international holdings under Administration.
