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Australian Broker Call *Extra* Edition - May 26, 2021


An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities.
In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Australian Broker Call Extra Edition, featuring additional sources of research and insights on ASX-listed stocks, also enlarging the number of stocks that make up the FNArena universe.
One key difference is the Extra Edition will not be updated daily, but merely regularly depending on availability of suitable quality content. As such, the Extra Edition tries to build a bridge between daily updates via the Australian Broker Call Report and ad hoc news stories, that are not always timely for investors hungry for the next information update. ....

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S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week


S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week
Companies
S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week
Netflix shares slumped more than 10% in after-hours trading after adding just under 4 million subscribers in the first quarter missing the company’s forecast of 6 million.
Iron ore prices rose by US$6.55 or 3.6% to a 10-year high of US$187.75 a tonne.
S&P/ASX 200 (INDEXASX:XJO) dived 1.37% to 6,921.5 points by 1 pm on its worst session since late February as new COVID-19 cases worldwide increased for the eighth straight week, with a record 5.2 million infections reported in the past seven days and an alarming growth rate in young people, according to the World Health Organization (WHO). ....

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