360 is one of my most profitable stocks and my fav tech stock.
What is happening today I suspect is a big holder is shedding some shares in 360 as part of a global tech rebalancing.
The volumes are higher than normal. Then after they shed their stocks all the stop loss orders from basic shareholders kicked in and have been feeding the sell queue most of the day.
We are now back to where we were roughly a year ago. Not a disaster as the business is healthy with growing market and heaps of opportunities ahead. I am holding.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-28
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Last
$19.12 |
Change
0.160(0.84%) |
Mkt cap ! $4.252B | |||
| Open | High | Low | Value | Volume |
| $19.30 | $19.30 | $19.07 | $9.118M | 476.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20671 | $19.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.16 | 49 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| 360 (ASX) Chart |