The NZX-listed port and economic bellwether has posted a strong set of interim financial results, amid the primary sector doing well.
Healthcare heavyweight’s ‘meaningful’ exposure to higher fuel costs could merit an earnings downgrade, analysts say.
KMD held above its deeply discounted offer price in its trading return.
KMD's shares plunged 46% to 6.1 cents after market open.
Interest-rate sensitive tech stocks Serko and Gentrack were among the day’s biggest gainers.
The NZX-listed aged care provider has purchased a 90-bed care home from Metlifecare.
‘We see a growing list of hurdles that KMD must overcome in order to regain investor confidence from here,’ Craigs analyst says.
Kiwi shoe brand founded by Tim Brown listed in 2021 with a valuation of more than US$4b, but struggled to maintain momentum.
The benchmark ended March on an upbeat note.
‘With a $200 million capital raising not that long ago, I’d be interested to see what they’ve actually done with it,’ he says.