why is kogan shares dropping?
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Shares in online electronics retailer Kogan plunged 22 per cent on Monday, after falling sales of private-label products caused the company to miss expectations for its half-year sales and profit growth. ... As a result, Kogan's share price plunged 22 per cent to close at $6.18, as investors punished the profit miss.
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What happened. Shares of Biogen (NASDAQ:BIIB) were sinking 10.5% as of 10:59 a.m. EDT on Wednesday. The big drop came after the biotech announced in its first-quarter earnings update that it was delaying the filing for U.S. regulatory approval of aducanumab in treating Alzheimer's disease.
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What happened. Shares of PG&E (NYSE:PCG) fell more than 10% on Wednesday morning on investor concern that the bankrupt power provider could be turned into a customer-owned cooperative, instead of a publicly traded utility, as part of its restructuring.
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Overall Kogan Mobile does have some good-value and straightforward plans on offer. ... If you are looking for a prepaid plan with good talk, text and data value, it might be worth considering Kogan Mobile when you compare phone plans.
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DBS Group Holdings saw its share price drop as much as 2.4% on Monday 15 June 2020, amid growing concerns over a second wave of Covid-19 infections. As the session progressed, Singapore's most lucrative company by market capitalisation slid even more to close at S$21.21 a share – its lowest level since 03 June 2020.
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Shares of IPG Photonics (NASDAQ:IPGP) dropped 15.1% in July, according to data from S&P Global Market Intelligence, amid escalating trade tensions and after the fiber laser leader's second-quarter earnings fell short of expectations.
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You can check your Kogan Mobile balance at any time by dialling 12612 from your Kogan Mobile handset, and selecting Option 1 from the main menu. Alternatively you can see your balance by logging into your Kogan Mobile account here. You can also view your prepaid balance using the Kogan Mobile iOS and Android Apps.
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CIBC shares drop 7.5% ... Shares of Canadian Imperial Bank of Commerce tumbled to their lowest level in about two months after the bank agreed to pay $2.4-billion (U.S.) to settle a longstanding legal dispute with Enron investors.
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Why did Keppel's share price drop 4.4% on Friday? ... 'The Covid-19 pandemic has severely impacted the global economy and brought about significant market volatility and uncertainty, including a sharp reduction in global demand for oil and in oil prices,' the group said in the note.
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The share prices are being operated by operators who send SMS to people. This traps them at higher prices. Thus the share is falling as operator has sold their shares at higher prices.
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Kogan.com is headquartered in Melbourne, Australia. Kogan Retail and Kogan Marketplace offers products from leading brands across a wide range of categories including consumer electronics, appliances, homewares, hardware, toys, and many more. Kogan.com also owns and operates a suite of exclusive private label brands.
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Thus you'd expect Kogan TVs to be cheaper - and their prices are pretty good - although you will find better deals on products of similar specifications in the bricks-and-mortar shops. Most of these will either be price leaders wearing brands you may never have heard of or one-off deals on superseded product.
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Kogan are the best-very trustworthy signer shoes that were only 30$ and elsewhere for the same shoes they wanted 180$ you can't go past Kogan and I had a product that was faulty and I contacted them they answered Very quickly and I had it back to them in two days from QLD to Victoria.
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However, Kogan offers legit and genuine products at cheaper prices. It is an online retail marketplace that strives to get you the products at more competitive rates than offline stores and other online sellers. Like any other website, Kogan has cases of dissatisfactory customer service and faulty products.
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Keurig Dr Pepper Stock Slips Because Morgan Stanley Warns Growth Will Slow. Keurig Dr Pepper stock (ticker: KDP) is falling on Thursday, following a downgrade from Morgan Stanley, which argues that investors should be wary of slowing growth for its single-serve beverages.
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What happened. Shares of Roku (NASDAQ:ROKU) have dropped today, down by 8% as of 2:30 p.m. EDT, after the company disclosed in a regulatory filing that it has entered into an equity distribution agreement. The streaming TV specialist may raise as much as around $500 million through the deal.
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According to regulatory filings, The Capital Group has recently dumped around 205m shares. This selling activity reduced the investment management group's stake in ITV from 9.99% to 4.91% as of 15 July. That kind of heavy selling is likely to have put pressure on ITV shares.