A2 Milk shares slide as investors spoil fresh start

The company, headed up by David Bortolussi, is looking to expand its product portfolio and has done a deal with Hershey. (Image: Supplied)

Rebecca Howard

Wed, 27 Oct 2021

Investors' disappointment at A2 Milk saying there is no material change to its full-year 2022 trading position sent its shares down 9.1% in early trading to $6.49.The share price, which was decimated by covid-19, had recovered slightly in recent sessions after Australian infant formula company Bubs said they had benefited from some improvement in the Chinese market.“I think investors were expecting A2 to say something similar to that,” said Grant Williamson, a director at Hamilton Hindin Greene. “They didn’t rea...

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