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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Tech & Innovation
4 mins to read

Share prices rebound for fast-growing tech companies

But Harbour Asset Management says a return to tech bubble unlikely.

 

Tech stocks have seen a recent rebound.

Share prices of fast-growing tech companies are performing well after positive announcements of growth in the past few months, after suffering globally in 2022 from rising interest rates and slowing economies.

Harbour Asset Management head of research Kevin Bennett said in a research note today that

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Fiona Rotherham Fri, 27 Jan 2023
Contact the Writer: fiona@nbr.co.nz
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Share prices rebound for fast-growing tech companies
Tech & Innovation,
97441
true