Covid boost for Green Cross pushes shares up 5.2%

Ella Somers
Tue, 25 Jan 2022

Green Cross Health climbed 5.2% after the healthcare company said covid-19 boosted revenue through the tail end of 2021, but warned that might not be repeated.The stock rose 6 cents to $1.21 at midday on the NZX, unwinding this month’s earlier losses as investors fret over whether the omicron outbreak will trigger a more aggressive interest rate hiking cycle.Green Cross chief executive Rachael Newfield said the company’s revenue climbed 14% in the nine months ended Dec 31 compared to the same period a year earlier. The company expec...

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