Sigma Healthcare's share price is trading 1.74% lower at 57 cents today. It seems investors aren’t sold on their story just yet, as shares plummeted at the market’s open, only to pick back up and drop again.
At time of writing the Australian Pharmaceutical Industries Ltd [ASX:API] share price is up 8.16%, trading at $1.59 per share. Investors seem to like the latest news out of the company, as it moves to merge with a rival.
The Australian Pharmaceuticals Industries Ltd [ASX:API] share price took a severe hit today, down 10.71% to AU$1.69 at time of writing. The pharmacy chain’s share price fell to a two week low, with no news from the company regarding the fall at this stage.API is one of Australia’s leading pharmaceutical distributors and fastest growing health and beauty retailers with a market cap of $835.65 million.
It’s good news for Australian Pharmaceutical Industries Limited [ASX:API] today, with a massive rise in their share price of 7.8% earlier this afternoon. API is a wholesale distributor of pharmaceutical and allied products, and also provides retail support services to pharmacists.