Multinational computer software company Altium Limited [ASX:ALU] has seen $1.96 added to their share price within the first half hour of trading this morning. The immediate 5.86% increase follows the release of their FY19 results after market closing yesterday...
You may have noticed, especially if you own one, that tech stocks are down again. It’s why Captain Hoff is holding onto more of his US$1.7 billion than usual. Should you do the same?
In just a few days, gains from the ASX 200 disappeared. US investors are looking at a similar situation. Investors are selling almost everything…the good, the bad, and the ugly. Is now the time to invest in tech stocks?
Companies like REA and Altium are not worth an unlimited price. And this is the hard part of investing: determining whether you’re buying a bargain or piling into an inflated multiple.
Were online books so profitable that they were able to fund the conglomerate that is now Amazon? Not really. But it was a platform on which Jeff Bezos built his vision. Making everything convenient and cheaper for customers.
Aussie electronic design software company Altium is up 20.87% at time of writing, after posting interim after-market results yesterday. The company now has a market cap approaching AU$2 billion.