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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
5 mins to read

Market punishes A2 Milk downgrade

CEO says inventory review will lead to better monitoring in future.

Tim Hunter Mon, 10 May 2021

Shares in dairy product marketer A2 Milk plummeted as much as 20% in morning trading after the company announced a major profit warning and the resignation of a key executive.

By 1pm, more than $33 million of shares had changed hands as shares hit a low of $6.05 before rallying to be down about

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Tim Hunter Mon, 10 May 2021
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Market punishes A2 Milk downgrade
General Business,
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