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Kogan.com ( (AU:KGN) ) just unveiled an announcement.
Kogan.com announced the cessation of 634 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s financial structuring and could have implications for stakeholders regarding the company’s ability to meet performance targets.
The most recent analyst rating on (AU:KGN) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Kogan.com stock, see the AU:KGN Stock Forecast page.
More about Kogan.com
Kogan.com is an e-commerce company based in Australia, primarily offering a wide range of consumer electronics, home appliances, and other goods. The company focuses on providing competitive prices and a broad selection of products to consumers in the Australian market.
YTD Price Performance: -47.05%
Average Trading Volume: 566,296
Technical Sentiment Signal: Sell
Current Market Cap: A$316.8M
Learn more about KGN stock on TipRanks’ Stock Analysis page.