ASX

VALUABLE LESSONS: Kogan.com’s share price tanks as FY21 earnings fall well below expectations

- May 21, 2021 2 MIN READ

Shares in online retailer Kogan.com have plunged more than 13% to below $9 in opening trade on Friday after the company slashed its FY2021 earnings below market expectations in its latest trading update. While the business declined to offer forward guidance during its half-yearly results in February, today the business (ASX: KGN) said it expects… Read more »

Kogan.com
News & Analysis

Kogan.com shares soar after raising $100 million

- June 11, 2020 2 MIN READ

Kogan.com shares have jumped more than 11% in early trade on Thursday morning after the online retailer announced it had successfully raised A$100 million in an institutional placement on Wednesday. Within 30 minutes of trade resuming today, shares in the multi-pronged ecommerce business (ASX: KGN), had climbed to $13.79, up from Tuesday’s closing price of… Read more »