Double Trouble for Appen and Redbubble
Carnage on and off the trading screens for both data / AI techie Appen and e-tailer Rebubble, with cost- and job-cutting the order of the day.
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Weak Sales Update Sees Redbubble Popped Again
Another less than inspiring market update on Wednesday from online retailer Redbubble saw its shares sold off for the umpteenth time in the past couple of years.
Read MoreRedbubble Forever Blowing It
Yet another disappointing trading update from online retailer Redbubble saw the company’s shares hammered more than 20% in Tuesday’s trading session.
Read MoreRed Ink, Bubble Bursts for Local E-tailer
Shares in online retail and art marketplace Redbubble slumped more than 22% after the company reported a number of “key misses” in a third-quarter trading update.
Read MoreOnline Retail Boom Inflates Redbubble Marketplace
Another solely online business in custom goods marketplace Redbubble has had a good pandemic. Redbubble told the ASX yesterday that it made a very strong start to the 2021 financial year, with the retailer revealing both revenue and profit doubled in the three months to the end of September.
Read MoreRedbubble Shares Burst Higher On Maiden Profit
Shares in international design marketplace Redbubble surged 45% yesterday after it revealed it had earned its first full-year operating profit since its 2016 IPO.
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