BUZZ-Australia's Star Entertainment volatile after trading resumes post HY results

Reuters
16 Apr
BUZZ-Australia's Star Entertainment volatile after trading resumes post HY results

** Shares of Star Entertainment SGR.AX volatile in first trading session since February 28 after a suspension is lifted** Stock rose as much as 13.6% to A$0.125 in early trade, before reversing course and falling as much as 9.1% to A$0.10** Casino operator's shares currently flat at A$0.11** Cash-strapped Star reported a bigger-than-expected first-half loss on Tuesday** Co's Gold Coast casino performance impacted in Q3 by a five-day property closure due to Cyclone Alfred** More than 42.2 mln shares change hands, vs the 30-day average of 31.2 mln shares** Stock down 40.8% this year, including the day's move

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10