Why Afterpay, Altium, AVITA, & Domino’s shares are pushing higher
The S&P/ASX 200 Index (ASX: XJO) is fighting hard to finish the week on a positive note. In afternoon trade, the benchmark index is up 0.2% to 7,315.8 points.
Four ASX shares that are climbing more than most today are listed below. Here’s why they are pushing higher:
The Afterpay share price is up 4% to $104.09. Investors have been buying Afterpay and other tech shares on Friday following a solid night of trade on the Nasdaq index. The tech-heavy index rose 0.8% during overnight trade. The S&P/ASX All Technology Index (ASX: XTX) is up a sizeable 1.55% so far today.
The Altium share price has climbed over 2% to $35.48. This gain appears to have been driven by a broker note out of Credit Suisse this morning. According to the note, the broker has retained its outperform rating and lifted its price target to $42.00. It believes the recent takeover offer it received from Autodesk demonstrates its ability to attract strategic partnerships.
The AVITA share price has jumped 12% to $5.05. Investors have been buying the regenerative medicine company’s …
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