there's a few reasons - biggest being their biggest customers Amazon, facebook Google etc no longer utilise their services as much as they once did.... there's a risk alot of the work APX did will start being done in house by these mega cap techs
the other reason is the constant guidance misses and broker downgrades.
then theres the fact that it is a growth stock that's not kicking goals in the growth department
the final and most important reason is Appen is one of dotakings major holdings
I'm calling it! This is the bottom !!!!!, page-139
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Last
$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45993 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 386131 | 13 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |