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Mar 9
Hype Train #37: Diamond hands...
The Fivver of the ASX and cancer treatment
All aboard!
It’s been a very rough week for tech stocks.
Even the Motley Fool’s front page is covered in bearish news headlines, including their 5 ways to be ready for a stock crash.
Equities: The ASX rose 0.5% today after an otherwise terrible start to the week… However, despite this glimmer of hope, tech stocks have continued to fall (Afterpay down 3.6%, Zip down 1.6%, Xero down 3.8%).
Overseas, New Zealand also ended the day 0.5% in the green, whilst Wall Street (S&P500) dropped 0.5%.
₿Crypto: Bitcoin has shown some encouraging behaviour over the past couple of days (no longer correlated with speculative tech stocks) as it’s back up to nearly $70k AUD despite the tech sell-down. This rise has been attributed to Citi stating it could topple the US dollar as an international trade currency.
In today’s edition:
The top research from around the web
Australian precision cancer treatment, Race Oncology
Upcoming IPO: Airtasker - the Fiverr of the ASX?
RAC media coverage, page-25
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Last
$1.61 |
Change
-0.055(3.31%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.61 | $271.5K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1996 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 1305 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |