CAR Group stock slides nearly 4% as ASX hits record close; what to watch next
CAR Group shares fell 3.9% to A$25.50 Monday, underperforming as tech stocks dropped and the ASX 200 closed nearly flat at a record 9,200.9. Investors are watching for Australia’s GDP data Wednesday and CAR’s March 13 dividend cut-off. CAR last reported half-year revenue of A$626 million and NPAT of A$143 million, reaffirming full-year growth guidance.