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As reporting season ramps up, so does investor reactions to both the first half of FY24 and the outlook provided, or not provided, for the second half of this financial year. This video outlines why investors have been impressed by some retailers despite results showing declines across major metrics, while also explaining why investors sold out of a key building products manufacturer despite the company reporting record results.
Also, a key trend of pre-warning the market of poor results to come has driven investors to hit the sell button over the last few days, despite full results from the companies not being released yet… strategic move or preparing investors to brace for the worst?
These exclusive insights are only available to investors actively trading with Bell Direct.