Fisher & Paykel is up 7.8 % following on from its blockbuster earnings result on Monday. It reported a 37% lift in annual profit to $287.3 million and forecast that to rise to between $325 million and $340 million in the March 2021 year.
COVID-19 accelerated the adoption of its products. They have increased production of some product lines 3 times.
F&P Healthcare's products only reaching 10% of the addressable market, there was still potential for further growth ahead.
Pacific Edge shares more than doubled in value on confirmation of acceptance under a key US medical regulation for its Cxbladder cancer test. The shares jumped 103.7%
It is bizarre to see Air New Zealand up 13.18% at a time when Auckland Airport, which is clearly struggling, is down.
Cinema software firm Vista Group fell 8.97%. Delayed releases of blockbuster movies are halting the reopening of movie theatres around the world. Investors have become concerned about the continued spread of COVID-19.
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