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Altium Limited (ASX: ALU) is an Australian multinational software business that was founded in 1985. It now has offices globally in places like San Diego, New York, Boston, Munich, Shanghai, Tokyo and Sydney. Its software focuses on electronics design systems for 3D PCB design and embedded system development. Its services include Altium Designer, Altium Vault, CircuitStudio, CircuitMaker, TASKING and Octopart.
An hour after market open, WiseTech Global Ltd (ASX:WTC), Altium Ltd (ASX:ALU) and Appen Ltd (ASX:APX) shares are all down 4% or more.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.40% at lunch.
The Appen Ltd (ASX:APX) share price rocketed higher after it completed the Figure Eight deal.
Wisetech Global Limited (ASX:WTC) was founded in 1994 in Sydney, Australia and today is a cloud-based logistics software company connecting over 12,000 logistics organizations across 130 countries.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.12% at lunch.
Looking for high-growth companies within the S&P/ASX 200? Why not try Afterpay Touch Group Ltd (ASX:APT) or IDP Education Ltd (ASX:IDP)? Here are my top five.
I would prefer to own Altium Limited (ASX:ALU) shares than BHP Group Ltd (ASX:BHP) shares at this stage in the economic cycle.
I would much rather buy shares of Altium Limited (ASX:ALU) than Afterpay Touch Group Ltd (ASX:APT) at the current prices.
The Altium Limited (ASX:ALU) share price hit the skids this afternoon before closing, with the market or All Ordinaries Index (INDEXASX:XAO)(ASX:XAO).