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JB Hi-Fi leaps 7% following the release of strong Q2 results

Looking at the movers and shakers in the ASX200 today.

The stock rockets on the ASX200 for today’s session so far are:

Imugene is up more than 9.8% despite no news being released by the biotech company today.

JB Hi-Fi jumped out of the gate this morning, trading 7% higher after lunchtime as the tech retailer released second quarter results highlighting strong sales growth to total 4.86 billion dollars for the half.

And BrainChip leads the All Ords gains, skyrocketing more than 17% today after the Artificial Intelligence company announced it has begun taking orders for the first commercially available Mini PCIe board leveraging BrainChip’s Akida advanced neural networking processor.

On the losing front,
Virgin Money UK PLC is taking the biggest hit on the ASX200 today, down almost 3% after lunchtime.

PointsBed is trading 2.6% lower after announcing the date and time for its investor conference call.

And online marketplace for print-on-demand products Redbubble leads losses on the All Ords, trading down more than 20% today following the release of its first half results where management downgraded the company’s revenue and earnings guide amid increased competition.

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