Ardent Leisure Group (ASX: ALG) is an operator of leisure and entertainment assets across Australia, New Zealand and the United States. It operates the theme park Dreamworld on the Gold Coast where four people tragically died on one of its rides in 2016.
Tax-loss selling hit the S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) on Thursday, the final day of the financial year, with the market sinking close to 1 per cent into the close to finish 2 per cent lower.
The S&P/ASX 200 (ASX: XJO) was dragged down 0.6% on Thursday as Magellan (ASX:MFG) and Ardent Leisure (ASX:ALG) shares made headlines.
The Ardent Leisure (ASX:ALG) share price is one of the top performers today, it’s up 16%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.17% at lunch.
Zip Co Ltd (ASX:Z1P) and Bubs Australia Ltd (ASX:BUB) just made it into the ASX 300 as part of the S&P Dow Jones Indices’ quarterly rebalance.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
Ardent Leisure Group Ltd (ASX:ALG) released its FY19 results to market this morning. Here’s a quick guide to the results before the market opens.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.05% on Thursday.
The Ardent Leisure Group Limited (ASX:ALG) share price fell more than 8% on Friday making it the worst performer on the ASX 200 (INDEXASX:XJO).
