The S&P/ASX200 closed well down, shedding -62.2 points or -0.88%... - a podcast by ausbiz

from 2021-05-13T07:13:55

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The S&P/ASX200 closed well down, shedding -62.2 points or -0.88%. Thursday's Smack Fairy victims in order of descending wickedness: 1. Perenti Global (not enough workers) straightened out by 29.2% - 2. Xero (slow revenue growth) down 13%. - 3. Afterpay (possibly evil) down 5.2%.And just a rap over the knuckles for Fortescue Metals - down 4.3% - after Dalian iron ore futures slunk back 8.7% from recent obscene highs. here were some winners - like GrainCorp and Treasury Wine Estates - but let's not ruin a good bloodbath with survival stories. To ye who invest: onward unto Friday!


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