Why Nuix, Hub24 shares are on watch
Image source: Getty Images
Just 3 months after listing, Nuix Ltd (ASX: NXL) will enter the S&P/ASX 200 Index (ASX: XJO).
After an initial public offering at $5.31 per share, the data analytics provider floated in early December and immediately became a market darling.
It rose as high as $11.86 in January. But it’s since sunk to $5.51 after investors savaged its half-yearly result.
But now that Nuix will join the elite 200 from 22 March, all eyes will be on the share price again. This is because index funds that follow the ASX 200 will be forced to buy into the stock, pushing demand upwards.
Why Nuix, Hub24 shares are on watchTony Yoo | March 15, 2021...
Add NXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.25 |
Change
0.010(0.31%) |
Mkt cap ! $1.046B | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.27 | $3.21 | $1.707M | 528.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4151 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 7369 | 6 |
View Market Depth
| Last trade - 12.44pm 19/07/2024 (20 minute delay) ? |
| NXL (ASX) Chart |