Plenty of Action in the ASX Tech Sector
Are you interested in the current state of tech stocks on the ASX? This article dives into several hot button topics including the recent stalling of ASX IPOs, the impact of short attacks, and the wide range of analyst opinions on the future of ASX fintech companies.
The article explores the recent cooling off of the IPO market, including the high-profile postponement of Latitude Financial's $3.2 billion offering. It also examines the recent short attack on WiseTech by J Capital Research, and the subsequent drop in the company's stock price. Finally, the article discusses the contrasting views on Afterpay's future growth potential, with analysts' price targets ranging from a 37% decrease to a 61% increase.
This article provides a great overview of the current state of ASX tech stocks. To get the complete picture, including expert insights and analysis, download the full PDF today!