Daily stock rockets & losers; Zip Co rallies over 10% as investors back tech stocks amid US Fed’s interest rate hike
Looking at the movers and shakers on the ASX200 today.
Pointsbet is leading the stock rockets today, up almost 12% after lunchtime, despite no price sensitive news released by the online sports betting company.
Zip Co is trading just under 10.5% higher today as investors buy into tech shares following the US Fed’s interest rate hike overnight.
And Polynovo rounds out the top three stock rockets today, up 9.8%.
On the losing front, Graincorp leads the losers today, down 3.5% as some investors take profit from yesterday’s rally.
Whitehaven Coal is trading almost 2.8% lower today.
And Gold Road Resources is trading 2.1% lower after lunchtime as investors sell out of gold mining stocks today.
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