Rakon share spikes as half-year result looms

Rakon share spikes as half-year result looms
The advanced manufacturer will reveal its numbers on Friday. (Image: Dean Purcell/NZME)
Rebecca Stevenson
The market watchdog said it will not undertake a price inquiry at Rakon after the company's share price spiked 8.86% on Tuesday. The advanced manufacturer is set to announce its half-year result on Friday. Rakon shares rose by more than 12% during Wednesday, with more than 146,000 shares sold for more than $120,000. On Tuesday, the volume of shares traded was also strong, with more than 70,000 swapping hands. Rakon's share price rose to 86 cents.NZRegCo Surveillance said in a statement it noted the share price move o...

More Markets

NZ stocks eke out gain as investors tread water
Markets Market Close

NZ stocks eke out gain as investors tread water

New Zealand stocks ended with a slight gain but investors were largely sidelined.

Jamie Gray 12 Dec 2025
Comvita wins breathing room from banks
Primary Sector

Comvita wins breathing room from banks

The company’s annual meeting is next week.

Riley Kennedy 12 Dec 2025
NZX Bitcoin ETF turns negative for many investors
Opinion Stock & Trade

Stock & Trade: NZX Bitcoin ETF turns negative for many investors

Bitcoin ETF party fizzles as latecomer investors face negative returns.

Stock & Trade 12 Dec 2025