MP1 has plunged over 40% in less than 3-moths with the elastic interconnection service provider following tech lower in a magnified manner after delivering a very average 2nd quarter trading update, clearly not good news for a stock priced for growth – quarterly revenue increased 8% which was not enough to appease investors as the company increased their investment spend.
scroll
Question asked
Question asked
Question asked
Question asked
Buy Hold Sell: The best and worst performers of FY25
Close
Wednesday 2nd July – Dow +400pts, SPI up +18pts
Close
Tuesday 1st July – ASX +10pts, HMC, IFL, SGH
Close
MM has no interest in buying the dip in MP1
Add To Hit List
Related Q&A
MM’s view on WTC and MP1 please
Does MM like Megaport (MP1) into current weakness?
What are your current thoughts on Megaport (MP1)?
Is MP1 Megaport Ltd (MP1) presenting value?
Relevant suggested news and content from the site

Video
WATCH
Buy Hold Sell: The best and worst performers of FY25
James Gerrish & Henry Jennings

Podcast
LISTEN
Wednesday 2nd July – Dow +400pts, SPI up +18pts
Daily Podcast Direct from the Desk

Podcast
LISTEN
Tuesday 1st July – ASX +10pts, HMC, IFL, SGH
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.