The Markets

NZ shares struggle as Pushpay finds a suitor

Tuesday 26th of April 2022

The S&P/NZX 50 index fell 95.2 points, or 0.8%, to 11,813.18. Within the broader equity market, 38 stocks rose, 99 fell and turnover was $175 million.

Pushpay shares climbed as much as 27% after saying third parties were looking to buy the company and that it hired Goldman Sachs to advise it. the shares ended the day up 23% at $1.27, a three-month high.

Peter McIntyre from C...

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