The share price over the last couple of days is reacting as though there is a significant change in fundamentals/ outlook (growth rate / margins) and the answer is yes - they have improved. The impact of higher discount rate as a result of rising yields is should have been offset. Nasdaq is up today which suggests that acx should be up too.
Share price took a battering yesterday but got through the 4.50 barrier in the end
Optimistic about today's performance
Dyor
The share price over the last couple of days is reacting as...
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