'Running on empty' Orion stabilises after two-day battering
Did the healthcare software company reduce its bargaining position by leaving talks with new investors too late?
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UPDATED 5pm: Orion Health shares stabilised today after a 15% fall on Monday and 14% drop yesterday after it warned full-year sales would drop following delays to key contracts and updated its cash position.
Its shares closed up 1.41% to $1.44 after hitting a new post-IPO low of $1.42
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Chris Keall
Wed, 05 Apr 2017
Wed, 05 Apr 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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'Running on empty' Orion stabilises after two-day battering
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